SINGAPORE and BOSTON, MA--(Marketwire - October 15, 2009) - Cambridge Associates LLC, provider of independent investment advice and research to institutional investors and private clients, has added new leadership, staff and expertise in Asia.

Chi-Ho Song has become head of Cambridge Associates' Singapore office, and Damien Tan and Mark Oshida have recently joined the office as consultants. Mr. Song succeeds Peter Roney, who has relocated to Cambridge Associates' Arlington, VA, office to serve as the firm's Co-Director of Research. The office now has 24 employees, including 10 consultants and nine analysts.

"We're delighted to continue to enhance and augment our consulting and research capabilities in Asia for our global client base. We see tremendous promise in the region and are dedicated to maintaining a comprehensive understanding of Asian investment opportunities," said Sandra A. Urie, President and CEO of Cambridge Associates.

Cambridge Associates' Singapore office opened in 2001 and serves a growing list of endowments, foundations, government entities, pension funds and family offices located in Singapore, Hong Kong/China, and South Korea. These client portfolios range in size from approximately US$20 million to over US$100 billion. In addition to the consulting practice, the Singapore office specializes in researching Asian focused traditional long-only strategies, hedge funds, private equity and real assets. Those capabilities support Cambridge Associates' global client base in assessing investment managers active in Asia.

In 2010, Cambridge Associates' Singapore office will host the firm's seventh annual global investment workshop, where approximately 30 of the firm's clients from around the world will deepen their understanding of the regional investment landscape. Prior workshops have been held in Shanghai, Tokyo, New Delhi, Hong Kong, Prague and Buenos Aires.

About Chi-Ho Song

Chi-Ho Song, a Managing Director, joined Cambridge Associates in 2006, and has been working as an investment professional in Asia since 1995. He works directly with Cambridge Associates clients on asset allocation strategy, manager selection and investment program construction and evaluation. His client base includes university endowment funds, foundations and government agencies in both North and South Asia. Mr. Song had previously been Vice President in charge of Singapore investments and operations for Whitney & Co., a U.S.-based private equity fund. Before that he was with the Government of Singapore Investment Corporation, where he was responsible for private equity fund investing and direct investments in private companies in the U.S. and Asia. He has also worked in Hong Kong as an investment manager for First Eastern Investment Group and at Lehman Brothers in New York in the Utilities and Project Finance Investment Banking Group. Mr. Song is a graduate of Yale University where he received a BA (cum laude) and he holds an MBA (cum laude) from the University of Chicago Booth School of Business.

About Mark Oshida and Damien Tan

Mark Oshida joined Cambridge Associates' Boston office in 2007 and transferred in September 2009 to Singapore, where he is a Senior Investment Consultant advising foundations and endowments in Hong Kong and Singapore. Mr. Oshida has served on the outsourced CIO team for a Boston-based university and developed hedge fund programs for private clients. He has provided endowment management advice across traditional and alternative asset classes for a music conservatory, a religious seminary and a culinary school. On the research front, he published Cambridge Associates' report on Latin American hedge funds. Before joining Cambridge Associates, he worked for ExxonMobil's Treasurer's Division and Zions Bancorporation. A concert violinist who has performed around the world, he holds an MBA from Harvard Business School and a bachelors degree (cum laude) from Brigham Young University.

Damien Tan joined Cambridge Associates' Singapore office in July 2009 from the Ministry of Information in Singapore, where he was Director of Industry Development and Policy. Prior to that, he worked for the private equity arm of a private wealth organization based in the Middle East and for Singapore's Ministry of Finance, where he helped oversee the management of the country's financial reserves. He received an MBA from the Wharton School in the U.S. and graduated (First Class Honors in Physics) from University College, London.

About Cambridge Associates

Founded in 1973, Cambridge Associates LLC is a provider of independent investment advice and research to 850 institutional investors and private clients worldwide. The firm delivers a range of services including investment consulting, outsourced portfolio solutions, independent research, and performance monitoring and tools across all asset classes. The firm also produces proprietary private equity and venture capital benchmarks which are widely regarded as the industry standard for these asset classes. Cambridge Associates has 950 employees and offices in Arlington, VA; Boston; Dallas; Menlo Park, CA; London; Singapore, and Sydney, Australia. Cambridge Associates is recognized as a thought leader, innovator and advocate for institutional investors. For more information about Cambridge Associates, please visit

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