Unseen Upside: Investments Beyond Their Returns

What does it take to build a ship that can spend months at sea without a crew?Navy veteran Rylan Hamilton is working to find out. At Blue Water Autonomy, his team is developing a vessel designed to extend the US Navy’s reach while keeping sailors out of harm’s way.  From testing on the water to navigating government contracts, this episode explores the conviction, capital, and risks behind a new generation of defense technology.As autonomous systems move into real-world environments, they promise to extend reach and reduce risk—but also raise a deeper question about what it takes to build, back, and trust technology when the stakes are so highGuests include: Rylan Hamilton, CEO and Co-Founder of Blue Water Autonomy Renny McPherson, Co-Founder of First In Beth Macdonald, Head of Business Operations at Blue Water Autonomy Dean Dimizas, Partner for the Private Client Practice at Cambridge Associates Cambridge Conversations and Unseen Upside are developed in partnership with PRX, an award-winning podcast media company.Cambridge Associates is a global investment firm that works with endowments, foundations, healthcare systems, pension plans, and private clients to implement and manage custom investment portfolios that aim to generate outperformance and maximize their impact on the world. Cambridge Associates delivers a range of portfolio management services, including outsourced CIO, non-discretionary portfolio management, staff extension, and asset class mandates.

A ship with no crew. New hope for cancer patients. A rethink of the snack aisle.In Season 7 of Unseen Upside, Cambridge Associates meets the founders, doctors, and investorschallenging how things have always been done—from fighting wildfires to building the future ofwomen’s sports.What does it take to back an idea that could change a system and the lives it touches? Find outon Tuesday, October 20 on your favorite podcast platform.• Defense Tech—Tuesday, October 20, 2026• Biotech Across Borders—Tuesday, November 10, 2026• Better-for-You Snacks—Monday, November 23, 2026• Wildfire Prevention—Tuesday, December 8, 2026• Women’s Sports—Monday, December 21, 2026Unseen Upside: Investments Beyond Their Returns is developed in partnership with PRX, an award-winning podcast media company.Cambridge Associates is a global investment firm with 50+ years of institutional investing experience. We partner with private clients, endowments, foundations, pension plans, and corporations to design and manage custom portfolios focused on generating alpha and achieving investment objectives. Our services include discretionary and advisory portfolio management, staff extension, and alternative asset class mandates.

What does it take to build something that lasts for generations?In this special crossover episode from Cambridge Conversations, we explore how bold vision, patient capital, and a deep commitment to community helped transform San Antonio’s Pearl district from a shuttered brewery into a thriving destination.Host Willis Wilson hands the mic to Unseen Upside host Hillary Ribaudo, who travels to San Antonio to speak with Bryant Ambelang, CEO of Silver Ventures (CA client); Shawn Hatter, President of Oxbow Development Group; and Mary Jo Palermo, Partner at Cambridge Associates.Together, they unpack how a family’s commitment to place, culture, and community helped shape a “100-year business,” and what it takes to support that vision through market cycles, development challenges, and changing needs over time.You’ll hear: How Pearl evolved from a historic brewery into a thriving mixed-use destination Why patient capital and long-term thinking were critical to its success How liquidity, risk, and portfolio decisions helped support an ambitious vision What investors can learn from building for both community impact and lasting value Cambridge Conversations and Unseen Upside are developed in partnership with PRX, an award-winning podcast media company.Cambridge Associates is a global investment firm that works with endowments, foundations, healthcare systems, pension plans, and private clients to implement and manage custom investment portfolios that aim to generate outperformance and maximize their impact on the world. Cambridge Associates delivers a range of portfolio management services, including outsourced CIO, non-discretionary portfolio management, staff extension, and asset class mandates.

Step into a conversation about the power of investing in women—and the ripple effects that follow.This International Women’s Day, discover how closing the gender gap in leadership and capital unlocks new opportunities, fuels economic growth, and strengthens communities. This discussion goes beyond the numbers; it highlights the stories, challenges, and progress that emerge from supporting women at every stage. It's not just about building equity; it’s about creating a stronger future for everyone.Guests include: Ali Hogan, Founder & Board Chair of Rung for Women (CA Client) Jenny Abramson, Founder & Managing Partner of Rethink Impact Mary Jo Palermo, Partner at Cambridge Associates Unseen Upside: Investments Beyond Their Returns is developed in partnership with PRX, an award-winning podcast media company.Cambridge Associates is a global investment firm with 50+ years of institutional investing experience. We partner with private clients, endowments, foundations, pension plans, and corporations to design and manage custom portfolios focused on generating alpha and achieving investment objectives. Our services include discretionary and advisory portfolio management, staff extension, and alternative asset class mandates.

Step into the world of advanced robotics, where AI is transforming how we work, move, and live. Discover how surgical robots, autonomous vehicles, and AI-driven exoskeletons are advancing healthcare, streamlining operations, and restoring independence for individuals. Hear from innovators at Xeno Dynamics, leading investors, and a family whose journey with multiple sclerosis (MS) inspired a foundation dedicated to advancing exoskeleton rehabilitation, opening doors to greater autonomy and inclusion worldwide.Guests include: Maram Fakhouri, Vice Chair and Co-Founder of STF5 Care Foundation Zhe Liang, Chairman of Xeno Dynamics Lior Susan, Founder and Managing Partner of Eclipse Ventures Judy Zhang, Head of China Client Business and Partner at Cambridge Associates Unseen Upside: Investments Beyond Their Returns is developed in partnership with PRX, an award-winning podcast media company.Cambridge Associates is a global investment firm with 50+ years of institutional investing experience. We partner with private clients, endowments, foundations, pension plans, and corporations to design and manage custom portfolios focused on generating alpha and achieving investment objectives. Our services include discretionary and advisory portfolio management, staff extension, and alternative asset class mandates.

Travel to a Vermont dairy farm to see how AI is reshaping agriculture.Learn how data-driven tools are making farming more sustainable and productive, and how companies like Inari Seeds are engineering crops for a changing climate. This episode uncovers the future of food—where technology, tradition, and environmental stewardship meet.Guests include: Lucas Mann, Co-Founder and Managing Partner of Acre Venture Partners Catherine Feuillet, Chief Scientific Officer at Inari Richard Nelson, Farmer at Nelson Dairy Farm Unseen Upside: Investments Beyond Their Returns is developed in partnership with PRX, an award-winning podcast media company.Cambridge Associates is a global investment firm with 50+ years of institutional investing experience. We partner with private clients, endowments, foundations, pension plans, and corporations to design and manage custom portfolios focused on generating alpha and achieving investment objectives. Our services include discretionary and advisory portfolio management, staff extension, and alternative asset class mandates.

Venture into the world of AI-driven drug discovery, where new models are making the process faster, safer, and more ethical.Discover how Axiom’s pioneering technology is helping to eliminate the need for animal model testing, paving the way for more humane and effective drug development. Hear from leaders at Cleveland Clinic and Amplify about how AI is transforming healthcare for patients and providers alike.Guests include: Stefan Strein, Chief Investment Officer at Cleveland Clinic Brandon White, Co-Founder of Axiom Sunil Dhaliwal, Founder and General Partner at Amplify Partners Unseen Upside: Investments Beyond Their Returns is developed in partnership with PRX, an award-winning podcast media company.Cambridge Associates is a global investment firm with 50+ years of institutional investing experience. We partner with private clients, endowments, foundations, pension plans, and corporations to design and manage custom portfolios focused on generating alpha and achieving investment objectives. Our services include discretionary and advisory portfolio management, staff extension, and alternative asset class mandates.

What happens when AI meets the earth’s natural heat?Join us as we explore how Fervo and global partners are harnessing AI to unlock geothermal energy’s potential—delivering clean, flexible power around the clock. From Houston to the Middle East, we examine the science, policy, and investment trends driving the energy transition, and how geothermal could help power the AI revolution itself.Guests include: Fahad Alajlan, President at King Abdullah Petroleum Studies and Research Center (KAPSARC) Josh Posamentier, Co-Founder and Managing Partner of Congruent Ventures Tim Latimer, Co-Founder and CEO of Fervo Energy Tom Mitchell, Partner at Cambridge Associates Unseen Upside: Investments Beyond Their Returns is developed in partnership with PRX, an award-winning podcast media company.Cambridge Associates is a global investment firm with 50+ years of institutional investing experience. We partner with private clients, endowments, foundations, pension plans, and corporations to design and manage custom portfolios focused on generating alpha and achieving investment objectives. Our services include discretionary and advisory portfolio management, staff extension, and alternative asset class mandates.

Discover how AI is breaking down barriers to education and tailoring learning experiences for students everywhere.From Duolingo’s global reach to the innovative use of AI in real classrooms at Miss Porter’s School in Connecticut, this episode explores how technology is expanding access, enhancing engagement, and equipping the next generation with essential skills—while ensuring integrity and safety remain at the forefront.Guests include: Luis von Ahn, CEO and Co-Founder of Duolingo Henry Ellenbogen, Chief Investment Officer at Durable Capital Partners Maureen Lamb, Latin teacher and the Language Department Chair at Miss Porter's School Dean Dimizas, Partner and Managing Director at Cambridge Associates Unseen Upside: Investments Beyond Their Returns is developed in partnership with PRX, an award-winning podcast media company.Cambridge Associates is a global investment firm with 50+ years of institutional investing experience. We partner with private clients, endowments, foundations, pension plans, and corporations to design and manage custom portfolios focused on generating alpha and achieving investment objectives. Our services include discretionary and advisory portfolio management, staff extension, and alternative asset class mandates.

Get ready—Season 6 of Unseen Upside launches October 21.This season, we’re taking you behind the scenes to explore how AI is transforming our world. From labs and classrooms to clinics and fields, we’ll follow the capital and uncover how AI is driving the next chapter of human progress.Tune in for episode one on your favorite podcast platform, Tuesday, October 21.