Pros
Smart people, great management on the investment team, and best investment team in the business. Investment results are all that really matter in this business and CG seems to have figured this out.
Cons
Back office (7.5K of the 8K employees and contractors) is decades behind other work places in terms of IT systems, quant capabilities, and so many other areas. It's all about having a big team think of reasons why something cannot be done. If you hired 200 good people to replace the 7.5K rules based people who are all into coming up with reasons why things cannot be done, you could lower feees for clients and have better systems, but everything is about how many people you manage, how you protect your team, and silo based thinking. At some point when investment results are bad management will figure this out, but it will take time.