Cambridge Associates has expanded its senior team, hiring Jeff Blazek as a managing director and chief investment officer within the firm’s pension practice.
“Cambridge has seen increased demand from pensions and other institutions for outsourced portfolio management services,” a representative at Cambridge Associates told CIO. “We have always been committed to ensuring that we have the resources, structure, and team in place to best serve our clients, investing in high-quality talent across our key growth areas.”
Blazek worked as a managing director at the firm’s Dallas office for nearly six years until 2014. In this role, he focused on Cambridge’s pension practice model and its proprietary pension risk management framework.
“We are thrilled to welcome Jeff back to Cambridge Associates,” Sona Menon, managing director and head of North American Pensions at Cambridge Associates, said in a press release. “As a highly experienced investment professional, Jeff will help us serve our growing client base, including those plan sponsors and other institutional asset pools that are increasingly turning to us for discretionary portfolio management. Jeff is joining a great roster of CIOs at Cambridge Associates who work across our discretionary global client base.”
Most recently, Blazek served within the office of investments as a managing director at New York-Presbyterian Hospital. In this capacity, he was involved in the decision-making process across the investment portfolio, including global equities, fixed income, and with senior oversight for hedge funds and asset allocation.
Previously, he acted as principal and portfolio manager at the Teacher Retirement System of Texas.
Headquartered in Boston, Cambridge has about $142 billion and $20 billion in assets under advisement and management, respectively.
Tags: Cambridge Associates, Jeff Blazek, new CIO, New York-Presbyterian Hospital