Cambridge Associatesas has promoted Chi-Ho Song to the head of its Singapore office, which it opened in 2001.
Song replaces Peter Roney, who has relocated to the firm’s Arlington office to assume the position of co-director of research.
Song, who joined the firm in 2006, was a vice president in charge of Singapore investments and operations for Whitney & Co., a US-based private equity fund, prior to joining Cambridge Associates. Before Whitney, Song worked for the Government of Singapore Investment Corporation, where he was responsible for private equity fund investing and direct investments in the US and Asia.
The investment advisor to institutional investors and private clients has also added Damien Tan and Mark Oshida to its Singapore-based team as consultants. Oshida has moved to Singapore from the firm’s Boston office while Tan has joined Cambridge associates from Singapore’s Ministry of Information.
Oshida joined Cambridge Associates in Boston in 2007. He is now a senior investment consultant advising foundations and endowments based in Singapore and Hong Kong. He has served on the outsourced investment team for a Boston-based university. Prior to joining Cambridge, he worked for ExxonMobil's treasurer's division and Zions Bancorporation.
Tan was formerly director of industry development and policy at Singapore’s Ministry of Information, before which he worked for the private equity arm of a private wealth organisation based in the Middle East and for Singapore’s Ministry of Finance.
Cambridge Associates now has 24 employees in Singapore, including 10 consultants and nine analysts. The firm’s Singapore office serves endowments, foundations, government bodies, pension funds and family offices located in Singapore, China, Hong Kong and South Korea with portfolios ranging from between $20 million to more than $100 billion in size.
“We see tremendous promise in the region and are dedicated to maintaining a comprehensive understanding of Asian investment opportunities,” Sandra A. Urie, president and CEO of Cambridge Associates, said in a statement.
Established in 1973, Cambridge Associates provides investment advice and research to 850 institutional investors and private clients globally. The firm has 950 employees across offices in Arlington, Boston, Dallas, Menlo Park, London, Singapore, and Sydney.