Cambridge Associates overview
Stories about Cambridge Associates

Private markets’ burgeoning capital concentration challenge
By appealing to retail and large institutional investors, mega-managers may end up with the lion’s share of capital, with implications for themselves and their investors, writes Cambridge Associates’ Andrea Auerbach.

APAC's fundraising slowdown gives LPs more room to breathe
Funds are taking 20 months on average to close in the current environment, according to Private Equity International’s 2024 Fundraising Report.

Dissecting DPI: How LPs can cut through the noise
Continuation funds, NAV loans, dividend recaps and other tools have muddied the waters when it comes to investors ascertaining how distributed to paid-in ratios are generated.

Exit challenges prompt a rethink for GPs
A slowdown in the exit market is pushing managers to explore alternative options and hone their value-creation skills.

How endowments and foundations can make the most of market volatility
In this episode of the Spotlight podcast, Jill Shaw, a managing director at global consultancy Cambridge Associates, discusses the hottest private markets strategies for these investors and their ideal approaches to portfolio construction.

Side Letter: PE's reactionary risks
Cambridge Associates is urging LPs not to put the brakes on during periods of volatility. Plus: dispatches from ALFI's Private Assets Conference in Luxembourg; and why Schroders is bullish on India. Here's today's brief, for our valued subscribers only.

Cambridge Associates' Auerbach: Why smaller companies are in vogue in PE
Average MOIC and annual revenue and EBITDA growth for US small- and mid-cap deals have outperformed those for businesses at the larger end of the spectrum, says Andrea Auerbach at Cambridge Associates

The march of the US mid-market
Low entry multiples, high growth and an unconstrained exit environment mean small deals are becoming big business
Cambridge Associates contact information
Offices
Contacts
| Name | Job title | Location | |
|---|---|---|---|
| Key Contact | Job titleChief Financial Officer and Partner | LocationBoston, United States | Email |
| Key Contact | Job titleGlobal Head of Endowment & Foundations | LocationBoston, United States | Email |
| Key Contact | Job titleGlobal Head of Private Clients | LocationBoston, United States | Email |
| Key Contact | Job titleChief Investment Officer | LocationBoston, United States | Email |
Cambridge Associates fund commitments
Known fund commitments: 31
| Fund | Manager | Commitment date | Commitment size |
|---|---|---|---|
Manager | Commitment dateOct 2025 | Commitment size- | |
Manager | Commitment dateApr 2026 | Commitment size | |
Manager | Commitment date- | Commitment size | |
Cambridge Associates funds managed
Funds in market: 3
| Fund | Fund size | Open date | Strategy |
|---|---|---|---|
Fund size | Open dateDec 2024 | Strategy | |
Fund size | Open dateJun 2022 | Strategy | |
Fund size | Open date- | Strategy | |
Stories that mention Cambridge Associates
LPs adjust their approach to secondaries
Secondaries are evolving from a problem-solving backstop into a strategic tool for LPs navigating liquidity constraints and portfolio complexity.
Alaska Permanent latest to mull PE benchmark review
Staff have raised concerns over the inclusion of a 12% private debt allocation in its private equity benchmark, as well as the total exclusion of energy investments.
Chinese PE: From retreat to repositioning
China’s private equity reset could yield a more disciplined opportunity set for LPs who retain conviction in the market.
Deep Dive: How AI is upending private equity's software sweethearts
This year’s ‘SaaSpocalypse’ has exposed the vulnerability and deepening uncertainty of outcomes in a much-beloved sector. Investors must work quickly to identify managers capable of thriving in the age of AI.
Lessons to be learned from the credit evergreen redemption rush
The recent redemption rush in credit evergreens underscores that the democratisation of private markets still requires careful calibration.
How CV dealmakers are addressing LPs’ process pain points
GP-led deal volume hit an all-time high in 2025, but record growth doesn’t necessarily equate to LP satisfaction with continuation vehicle processes.
What to expect from APAC private equity in 2026
Manager consolidation, HNWI-focused insurance products and a China rebound are on the cards for APAC private equity markets this year.
LPs cool slightly on emerging managers
Amid a muted exit environment, fewer investors are looking to back new funds, as the focus stays on more established GPs.