Investment Managing Director

Firm Overview:

Cambridge Associates ("CA") is a leading global investment firm. CA's goal is to help endowments & foundations, pension plans, and ultra-high net worth private clients implement and manage custom investment portfolios that generate outperformance so that they can maximize their impact on the world. Cambridge Associates delivers a range of services, including outsourced CIO, non-discretionary portfolio management, and investment consulting.

Headquartered in Boston, Massachusetts, CA has offices in key markets in North America, the United Kingdom, Europe, Asia, and Oceania. Our worldwide teams ensure our clients benefit from decades of global presence, local expertise, and relationships with the top global investment managers across the world. For more information, please visit www.cambridgeassociates.com.

Job Description Summary:

POSITION OVERVIEW

We are seeking to hire an experienced investor and client leader at the Managing Director level to lead and grow Cambridge Associates' West Coast private client business. This leader will play a central role in deepening our presence, strengthening the investment team, and expanding our relationships with sophisticated families, technology founders, entrepreneurs, and family offices. The successful candidate will combine deep investment expertise with exceptional client relationship skills and a commercially minded approach to building a business.

As a senior investment leader, the Managing Director will work closely with other investment colleagues and CIOs to construct and oversee customized portfolios ranging from $100 million to several billion dollars. Our investment teams serve as discretionary or non-discretionary investment managers for families across multiple jurisdictions globally. The role will include leading client relationships, shaping investment strategy and asset allocation, evaluating investment managers, overseeing portfolio risk and performance, and developing the broader investment team.

In partnership with Global Client Solutions and Private Client Practice leadership, the Managing Director will shape and execute a long-term regional growth strategy. This includes building relationships within the West Coast wealth and venture ecosystems, engaging prospective clients well before liquidity events or changes in their investment needs, and clearly articulating where CA's capabilities can add value.

We are seeking an innovative, credible leader with the ability to earn the trust of sophisticated wealth owners, cultivate relationships over time, and convert those relationships into sustainable business growth.

Job Description:

RESPONSIBILITIES

Investment Leadership and Client Relationships

• Lead investment team in creating and developing diversified portfolios to meet customized client objectives
• Serve as a trusted investment advisor to sophisticated families, founders, entrepreneurs, and family offices, engaging directly with family members, boards, investment committees, family office staff, and outside advisors
• Develop and implement investment objectives, policies, asset allocations, and risk management approaches for complex portfolios and trust structures
• Select and evaluate investment managers for all asset classes, drawing on CA's global research platform and manager relationships
• Help clients navigate concentrated ownership positions, liquidity events, and the transition from wealth creation to long-term wealth stewardship
• Provide mentorship and leadership of the investment team, fostering a culture of excellence, innovation, and continuous improvement

West Coast Leadership and Business Growth

• Lead the development and execution of the West Coast private client growth strategy in partnership with Private Client Practice leadership and Global Client Solutions.
• Deepen CA's relevance and visibility among technology founders, entrepreneurs, next-generation wealth owners, and the advisors who serve them.
• Develop innovative approaches to engaging prospective clients and communicating CA's value proposition, particularly around diversification, portfolio resilience, and access to global investment opportunities.
• In partnership with Global Client Solutions, cultivate relationships across the family office, technology, venture capital, and professional advisor communities.
• Represent Cambridge Associates through targeted events, conferences, thought leadership, and other business development opportunities.

QUALIFICATIONS

• BA/BS required. An MBA or CFA strongly preferred
• Minimum of 12-15 years of investment experience ideally at an investment firm, a large institutional investor, family office, or within the venture capital ecosystem
• Well-developed network in the family office community
• Exceptional communication and negotiation skills with clients - ability to break down complex concepts, strong presence, careful listening, ability to adapt in the moment to concerns expressed, conviction articulating a path forward
• Deep investment acumen and capital markets experience; skilled at identifying and evaluating managers and building resilient relationships
• A commercially minded approach, with demonstrated success in developing trusted relationships and translating them into new business, deeper client engagement, or sustained client retention
• Strong understanding of how technology founders and entrepreneurs approach ownership, concentrated wealth, liquidity, and investment decisions.
• San Francisco-based or willing to relocate highly preferred; exceptional Los Angeles-based candidates may be considered

Base salary range for this role:

Pay Range Minimum:

310000

Pay Range Maximum:

310000

In addition to the listed salary range, this position is eligible for an annual performance-based bonus and a comprehensive, competitive benefits package. Actual placement within the stated salary range will be determined based on factors such as skills, experience, and qualifications, as well as internal equity.

The firm is committed to the concept and practice of equal employment opportunity and will not discriminate against any employee or applicant on the basis of race, color, religion, age, sex, national origin, sexual orientation, gender identity, disability, or veteran status. It is expected that all employees will follow a similar policy toward their co-workers.