PRINCETON, N.J., Dec. 20, 2010 /PRNewswire/ -- Clearbrook Global Advisors, LLC is pleased to announce that Timothy C. Ng and Mark N. Hong, CFA, have joined the firm's investment consulting arm, Clearbrook Investment Consulting, LLC, effective Monday, September 27, 2010. Mr. Ng has assumed the role of Managing Director and Head of Research with responsibility for, and oversight of, all aspects of the Clearbrook Research process. In his new role, Mr. Ng will be instrumental in building the Clearbrook Research team, and defining best practices. Mr. Ng is the former President and Chief Investment Officer of Structured Investment Group, LLC, (SIG), with offices located in New York City.
Mr. Hong will join Clearbrook as a Director and assumes a leading role in the Clearbrook Research process. He will be focused across all asset classes but will play an integral role in the research and allocation of alternative investments. Additionally, given Mr. Hong's background in the private equity and venture capital arenas, he will assist Clearbrook in future tactical acquisitions. Mr. Hong is a former co-founder and Principal of SIG.
SIG was formed in 2002 to manage and advise hedge fund investments on behalf of institutions and family offices. Since 2002, they have successfully launched structured products and multi and single strategy hedge fund of funds and currently advise on approximately $2 billion of assets. Mr. Ng and Mr. Hong have more than 40 years of combined investment experience managing assets and risk at numerous firms including Smith Barney, Prudential Asset Management and Merrill Lynch.
Elliott Wislar, President and Managing Principal said, "This new team has experience with dynamic asset allocation across hedge fund strategies, due diligence, portfolio and risk management, and monitoring of manager performance. They are well versed in hedge funds, private equity, senior secured and mezzanine debt financing, structured products, commercial finance and investment banking. We are extremely pleased that Tim and Mark are joining the Clearbrook family and believe they will be instrumental in helping us build our franchise."
Mr. Ng expressed his enthusiasm for his new role in stating, "We are very excited about joining this rapidly growing, entrepreneurial firm. Mark and I believe we have a lot to offer and feel that we can help leverage Clearbrook's established platform to provide pro-active consulting and investment services to the firm's clientele. Clearbrook has strong groups of seasoned consulting and investment professionals, serving a multitude of institutional and high net worth investors. The combined expertise in long only and alternative investments between the two firms will put us in a unique position to offer innovative and customized solutions involving multiple asset classes. We believe Clearbrook will be able to provide attractive offerings to clients and prospects who are increasingly, seeking solutions across equities, fixed income, private equity and hedge funds."
Clearbrook Global Advisors is an independent investment advisory firm whose core business is to provide investment and strategic advice, investment solutions, and related wealth advisory services to institutions, individuals and financial intermediaries worldwide. As of today, Clearbrook has more than $30 billion in client assets under advisement and more than $2 billion in client assets held through its broker-dealer subsidiary, Managed Account Services, LLC (MAS). For more information, visit www.clearbrookglobal.com.
Securities and brokerage services offered through MAS, Member of FINRA and SIPC. Investment advisory services offered through CBF Advisors, LLC ("CBFA"). CBFA and MAS are affiliated entities. Services offered by CBFA and MAS may be offered under the "Clearbrook" name for marketing purposes.
SOURCE Clearbrook Global Advisors, LLC