Investment Director, PI

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:

The PI Investment Director role offers an attractive mix of working on high profile institutional client portfolios that invest in private equity, venture capital, infrastructure and private debt as well as working with our research team on the unearthing and due diligence of new and attractive investment opportunities. The role will cover multiple aspects of client projects, including performing analytical tasks, developing recommendations, supervising investment associates, supporting business development and developing presentation materials. Investment Directors assume significant individual responsibility on client relationships, including direct client interaction and presenting recommendations. The role offers an attractive opportunity to be on a growth-oriented team that values entrepreneurial and motivated individuals.

This position will be based in London (hybrid with 2 days per week work from home) and will report into a Private Investment Partner and work closely with the European Head of Cambridge Associates’ Retirement, Government, and Insurance Practice.

Job Description:

Responsibilities

• Conduct Investment Research: evaluate private investment asset classes, product, and managers in collaboration with the team and global research. Lead investment due diligence on investment manager and research projects.
• Understanding of global markets and investment managers: Stay abreast of market developments, actions, and changes to form a view on how client portfolios should be positioned.
• Project Management: Lead investment related projects that have direct impact on strategic asset allocation decisions, business development or needed client service. Coordinate across groups and team to ensure completion. Additionally, storyboard and lead projects related to ad-hoc client questions and requests.
• Deliver strong client service through timely and strong written and verbal communications: Give recommendations to clients (and prospects) in a concise, transparent, and intuitive manner that is appropriate for audiences of varying investment expertise. Work with and present directly to clients; develop relationships with clients, including Investment Committees, CIO/CFO of client institutions, outside advisors, etc.
• Support portfolio construction: Develop, implement, and review our client’s and prospective client’s private investments portfolios/programs. Source new investment opportunities by leveraging existing industry relationships, building new relationships, and identifying other creative sourcing channels in collaboration with the broader team. Model recommendations for pacing and allocation. Advise clients on their private investments portfolios, make recommendations on new commitments to funds and respond effectively to client inquiries.
• Team engagement and management: Actively participate in all team meetings by being a thought partner. Provide oversight of analyst/associate level team members, which includes training and mentoring needs, performance reviews, and career development, and daily oversight to ensure high quality deliverables.

Qualifications

• 3-10 years of investment experience, gained from work in a similar capacity at either a family office, large institutional investor, fund-of-funds, or at a private equity investment firm.
• Experience in research and due diligence, preferred.
• Demonstrated qualitative and quantitative analytical skills.
• Strong attention to detail – ability to review, edit and ensure high quality deliverables.
• Excellent oral and written communication skills.
• Strong organizational skills. Ability to prioritize competing deliverables based on need and timing.
• Able to work effectively with autonomy and collaborate effectively with integrated team.
• Experience managing a team, including supervising more junior team members, preferred.
• CFA and or MBA preferred.

Must be eligible to work in the UK without sponsorship or restriction now or in the future.

Employees of Cambridge Associates Ltd. or an affiliated firm, are prohibited from employment or other association with any company, organization, business, or other entity that is involved in any way with the securities or financial services industry except for those entities that are directly affiliated with Cambridge Associates Ltd.

Employees are prohibited from acting as a Trustee or Director of, or accepting a similar position of responsibility with, any entity that is a client of or directly affiliated with a client of Cambridge Associates Ltd. or any of its affiliated companies without prior written consent from the Chief Compliance Officer of Cambridge Associates Ltd.

Employees are prohibited from serving on the investment or finance committee of any company or organization with investable funds, or likely to develop investable funds, without prior written consent from the Chief Compliance Officer of Cambridge Associates Ltd.

If applying for the role, you need to inform the Recruiter if there are any potential conflicts with the above.

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.