Thread by @DavidCranmerUn1

Cambridge Associates is an outside investment adviser to wealthy families and foundations, serving as a powerful gatekeeper of sorts between Silicon Valley and the richest people in the world. While it cannot compel cooperation in the same way the federal government can,

Cambridge Associates is a behind-the-scenes powerbroker in tech investing, and its scrutiny could pose reputational risk to Mithril Capital and Thiel’s empire more broadly. Cambridge Associates was founded by Harvard College roommates Hunter Lewis and James Bailey in 1973.[3]

The firm initially provided investment research to endowments and foundations, and over time, it expanded its services to investment consulting and portfolio management for many institutional investors, such as endowments, foundations and pensions.[4] Cambridge Associates’ CEO,

David Druley, was appointed in 2016 after serving as head of global investments. He succeeded Sandra A. Urie, who served as Chairman and CEO for 16 years.

After working at the Boston Company, then one of the largest investment managers, where he became a vice president in 1972, Lewis in 1973 co-founded and served as co-chief executive and then chief executive of Cambridge Associates LLC,[2] an investment advisor to American

research universities and colleges representing over three-quarters of U.S. higher education endowment assets, other non-profits, international organizations, and families, with offices in the U.S., Europe, and Asia.[2] Lewis was a co-inventor of what became known as the

American University style of institutional investing,[3][4] which gave American university endowment funds the highest investment returns in the world among institutional investors,[5] and which became widely emulated.

Lewis has been active in the environmental and natural health fields. He has been president of the Alliance for Natural Health-USA,[9] chairman of the National Environmental Trust,[10] chairman of the Worldwatch Institute,[10] chairman of Shelburne Farms,[11] treasurer of the

World Wildlife Fund, trustee of World Wildlife Fund International,[12] and trustee of the Rockefeller Brothers Fund.[10] In addition to natural health and the environment boards, he has also been president of the American School of Classical Studies at Athens, chairman of

Dumbarton Oaks,[10] trustee of the Morgan Library,[10] trustee of the Thomas Jefferson Foundation,[10] trustee of Groton School,[10] and member of the World Bank Pension Finance Committee.

TA associates' James Bailey has it made.

He's an ace swimmer, he just graduated from Harvard in 2007, he's got a great job as an analyst for Boston-based TA Associates -- and he's engaged to 28-year old model Devon Aoki, the Benihana heiress.

Cambridge sold some 20% of the firm this year to Sofina SA, an investment company backed by the Boel family of Belgium. It also sold additional stakes to a group of eight investors that included the Inasmuch Foundation, started by an heiress to the Gaylord publishing family

fortune, the Anna-Maria and Stephen Kellen Foundation, and the Julie and Sebastien Lepinard family.
Longtime investors, including the Hall family of the Hallmark greeting cards empire and Lord Jacob Rothschild’s family, recently trimmed back some of their stakes, Cambridge said.