# Cambiar Investors

Cambiar Investors is an Asset Manager based in Denver, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Denver, United States
- **Region:** North America
- **Address:** 200 Columbine Street, Suite 800, Denver, CO 80206, United States
- **Founded:** 1973
- **Assets under management:** Undisclosed
- **Website:** www.cambiar.com
- **LinkedIn:** https://www.linkedin.com/company/cambiar-investors

## Regulatory record

- **CRD number:** 115093
- **SEC file number:** 801-60541
- **Registration status:** Registered
- **Reports private funds:** No
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/115093

## About

Cambiar Investors is an SEC-registered investment adviser in Denver, CO, registered since 2001. The firm manages $2.9 billion in assets, with $1.5 billion on a discretionary basis. It has 28 employees and 8 investment advisers.

## Questions

### What is Cambiar's Quality | Price | Discipline (QPD) framework?

QPD is a proprietary relative-value process that Cambiar has used since 1973. The firm screens for companies with durable competitive advantages and strong balance sheets (Quality), buys them when they trade at a discount to intrinsic value (Price), and applies a systematic sell discipline to manage risk and avoid behavioral biases (Discipline). The framework is applied identically across all strategies, from domestic large-cap to international and global equity.

### Does Cambiar manage institutional separate accounts in addition to mutual funds?

Yes. Cambiar offers both mutual funds and separate accounts for institutional investors, financial advisors, and high-net-worth individuals. Strategies cover domestic large-cap, SMID, small cap, international equity (ADR and direct), European select, and global equity mandates. The firm also recently launched ETF versions of its relative-value strategies.

### What is Cambiar's relationship with Kepler Cheuvreux?

Cambiar has entered a strategic joint venture with Kepler Cheuvreux, a European equity brokerage and research firm. The partnership is designed to strengthen Cambiar's research coverage of European and international equities, providing access to on-the-ground corporate access and local market intelligence that supports its international and global equity strategies.

### What is Cambiar's ownership structure?

Cambiar is 100% employee-owned. The firm does not disclose the names of individual equity holders or the composition of its partnership group. Employee ownership is central to its marketing narrative, presenting the structure as a mechanism that aligns investment and business decisions with long-term client outcomes.

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Last updated: 2026-07-10T21:09:01.000Z

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