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"CA is established and operates as a limited company under English law, and authorised and regulated by the Financial Conduct Authority. It is (indirectly) a wholly-owned subsidiary of Cambridge Associates LLC, a global outsourcing, discretionary management and advisory services firm with highly ranked practices in foundations and endowments, pensions, and private client, with 11 offices throughout the United States, Europe and Asia. The firm is owned by shareholders which includes the founders and has a global Management Board which ensures that all its offices work together effectively to achieve its goals."