Origins S3-E1: Michael Larsen — Cambridge Associates
On this first episode of Origins Season 3, we sit down with Michael Larsen, a managing director at Cambridge Associates. Michael has been with CA for ten years, where he works with endowments, foundations and other large institutional investors on their private investment programs, particularly focused on venture capital exposure. He spends his time meeting with managers, sourcing new ideas, and implementing VC programs for his clients’ portfolios.
Cambridge Associates has come up several times on Origins in the past, so in this conversation with Mike we dig into exactly what it is that CA does — and how they advise their clients to invest in VC and PE. We discuss the difference between CA’s discretionary and non-discretionary activities, how they approach building venture portfolios from scratch, how Mike evaluates VC managers, as well as how he thinks about the future of the asset class.
This is one of the more technical VC conversations we’ve had to date. Mike is a wealth of venture knowledge, and provides real tactical information for managers that are considering ways to work with Cambridge Associates.
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— Nick + Alex
