Cambridge Associates Adds Oregon Endowment in Asset Manager Push

A plaque depicting explorers Meriwether Lewis and William Clark adorns a rock monilith on campus at Lewis and Clark College in Portland, Ore., Monday, Feb. 8, 1999. 

Photographer: Don Ryan/AP Photo

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Cambridge Associates, the investment consultant that has ramped up its focus on asset management, added a small private college endowment in Oregon to its list of clients.

Lewis & Clark, based in Portland, hired Cambridge to oversee its $237 million endowment, the school and Cambridge said, following the June 30 retirement of Chief Investment Officer Carl Vance.