News & Politics

Patrick Cave: 40 Under 40

The young lobbyists with the most influence in Washington

Name: Patrick Cave
Firm: Cypress Group
Age: 39

While getting his MBA at the University of Pennsylvania’s Wharton School, Cave made an observation about the lobbying industry that came to define his career. He realized that lobbyists were great at sourcing information and managing relationships with policymakers, but they weren’t equipped to provide clients in federally regulated industries with smarter corporate strategies.

From that idea, he developed the business plan for the Cypress Group, which he founded in 2005 and which gives financial-services clients both traditional lobbying and corporate-strategy expertise. It also includes a research arm that conducts political intelligence analysis. This one-stop-shop model has allowed Cave, a former acting assistant secretary at the Treasury Department, to attract clients such as Citi, PricewaterhouseCoopers, and the Managed Funds Association.

This article appears in the June 2011 issue of The Washingtonian.

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Marisa M. Kashino joined Washingtonian in 2009 as a staff writer, and became a senior editor in 2014. She oversees the magazine’s real estate and home design coverage, and writes long-form feature stories. She was a 2020 Livingston Award finalist for her two-part investigation into a possible wrongful conviction stemming from a murder in rural Virginia. Kashino lives in Northeast DC.