Cambridge Associates Adds Staff, Expertise in Asia
New Leader for Cambridge Associates' Singapore Office, Which Serves Institutional Investors and Family Offices
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 www.cambridgeassociates.com.
Contact Information: Media Contact:
Adria Greenberg
Sommerfield Communications
212-255-8386
adria@sommerfield.com