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The modified PME (or mPME) method was released by Cambridge Associates in October 2013. [7] [8] It provides an alternate way to tackle the negative NAV limitation of the LN-PME. Like the LN-PME and the PME+, the mPME consider an hypothetical public investment whose performance follows the public benchmark.
Cambridge Associates was founded by Harvard College roommates Hunter Lewis and James Bailey in 1973. [3]The firm initially provided investment research to endowments and foundations, and over time, it expanded its services to investment consulting and portfolio management for many institutional investors, such as endowments, foundations and pensions. [4]
Cambridge Investment Research was founded in 1985 by Eric Schwartz. [2] As of 2010 it was still controlled by its founder, and was one of the biggest broker/dealers in the US. [2] In January 2017, Schwartz stepped out of the CEO role and was made Executive Chairman, and Amy Webber was made CEO in addition to her role as president. [3]
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Cambridge, MA: 8.21 3 ... Benchmark Capital; Bessemer Venture Partners; ... New Enterprise Associates; Norwest Venture Partners; Oak Investment Partners;
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