S6:E7 The Portfolio Behind Pearl: Funding a 100-Year Vision episode artwork

EPISODE · May 29, 2026 · 36 MIN

S6:E7 The Portfolio Behind Pearl: Funding a 100-Year Vision

from Unseen Upside: Investments Beyond Their Returns · host Cambridge Associates

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.

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.

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S6:E7 The Portfolio Behind Pearl: Funding a 100-Year Vision

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This episode was published on May 29, 2026.

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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...

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