Cambridge Associates Welcomes Charles B. Grace III to Private Client Practice

Family Enterprise Solutions to support family office strategy, structure and governance

BOSTON, October 27, 2020 – Global investment firm Cambridge Associates (CA) today announced the addition of Charles B. Grace III to its private client practice, who will serve as Managing Director of Family Enterprise Solutions. He will be based in New York and report to Mary Pang, the Head of the Global Private Client Practice.

Family Enterprise Solutions is a dedicated team within Cambridge Associates’ private client practice which is devoted to supporting wealthy families in establishing family office strategy, goals, structure, governance and other considerations of importance. Grace will partner with investment teams and clients to develop the structural building blocks needed to best complement each family’s unique goals and long-term investment program with CA.

“I’ve had the pleasure of engaging with CA throughout my career and have long admired the firm’s talent and strong commitment to the family office space,” said Grace. “I’m excited to be part of such an exceptional team, and I look forward to helping CA’s world-class clients prepare for generational wealth transfers, establish governance processes, and educate family members on how to preserve and grow their wealth.”

Grace has been active for 20 years in the family office community advising ultra-wealthy families and serving as a resource to multigenerational families and family offices. He joins CA from the Family Office Exchange (FOX). Prior to FOX, he spent almost 10 years working inside $1 billion multi-family and single-family offices.

“We’re delighted to welcome Charlie to the firm. His expertise, hands-on experience and thought leadership will be instrumental in helping our investment teams across the US, Europe and Asia to solve the distinct challenges of managing private wealth,” said Pang.

Nearly 40 years ago, Cambridge Associates began applying its endowment model to the intricacies of private wealth. Today, the firm serves 230+ wealthy individuals and families, working to help each realize their investment goals and fulfill their legacies.

About Cambridge Associates

Cambridge Associates is a global investment firm. The firm aims to help pension plans, endowments & foundations, healthcare systems, and private clients implement and manage custom investment portfolios to generate outperformance so they can maximize their impact on the world. With more than 45 years of institutional investing insights, the firm has helped to shape and implement investment best practices and built strong global investment networks with the purpose of driving outperformance for clients. Cambridge Associates delivers a range of services, including outsourced CIO, non-discretionary portfolio management, staff extension and alternative asset class mandates.

Cambridge Associates maintains offices in Boston; Arlington, VA; Beijing; Dallas; London; Munich, Menlo Park, CA; New York; San Francisco; Singapore; and Sydney. Cambridge Associates consists of six global investment affiliates that are all under common ownership and control. For more information, please visit www.cambridgeassociates.com.

Other news