Cambridge Associates, LLC
Cambridge Associates LLC – United States
The Public Growth Hedge Fund Investment Team gathers, analyzes, and disseminates information and opinions on hedge funds for use by our consultants… Beyond.com
Cambridge Associates – Menlo Park, CA
The Fund of Funds and Secondaries Team gathers, analyzes, and disseminates information and opinions on private equity fund of funds and secondaries… Glassdoor
Cambridge Associates – Boston, MA
and Duties: • Aid senior team members in developing house opinions on hedge fund m… Glassdoor
Cambridge Associates, LLC Photos
1 person found this helpful
- Comp & Benefits
- Work/Life Balance
- Senior Management
- Culture & Values
- Career Opportunities
I worked at Cambridge Associates, LLC full-time for more than 3 yearsPros
* Benefits are great - 3 weeks ETO for your first year, 4 weeks after, which is WAY above standard. All benefits are top notch.
* Colleagues are great. Young, fun atmosphere in that sense. We liked to do happy hours, go out to lunch, etc.
* Easy work. You do NOT need a college degree to do any job in MIG, though of course it's required. You can learn as much as you want to, but it's not necessary to do the work.
* C|A as a whole is wonderful. Great CEO/COO, firm has a terrific reputation, clients love us, etc. We also just hired a CTO so hopefully IT stuff will improve. I recommend the company to a friend, NOT the department.
* Pay, relative to what you do, really isn't that bad. Also, you get OT which can significantly increase your salary.
* Flextime/flexplace. It's more structured than other places, but it still exists.Cons
* MANAGEMENT. Micro-managers, micro-assistant managers. AMs think they rule the world, and some of them are truly truly awful. Bossy, rude, take all the credit for your work, and the managers aren't around enough to notice. Since a management team shift in September 2012 and the addition of assistant managers in September 2013, there has been insane turnover because the work environment is terrible. The average tenure of my group in the last 12-18 months has probably dropped from ~2 years to less than 6 months. Management acts like they care with their words but never follows through with their actions.
* Work is repetitive and boring. Once you're through a couple quarters and know what's up, not much is going to change.
* MIG is too stuck on following standards and guidelines to use common sense.Advice to ManagementAdvice
Don't be afraid to fire people. There is a culture at Cambridge which is "retain talent", but that doesn't mean "let everyone who is terrible stay as long as they want."RecommendsPositive OutlookApproves of CEO