Clearbrook to Launch Consulting Biz for Smaller Institutions

July 29, 2009 ( - Clearbrook Investment Consulting announced it will launch an Implemented Consulting business, which will provide discretionary investment management services to defined benefit plans, foundations, and endowments typically with less than $300 million under management.

According to the announcement, the firm offers institutional investment expertise and resources across a spectrum of asset classes and strategies, including alternative investments. Clearbrook also announced that Eric Wood has joined the firm as Managing Director, in charge of its new Implemented Consulting business.

Wood will oversee all aspects of the firm’s new initiative, including research and development, marketing, and operations. His experience includes nine years as a Chief Investment Officer for global engineering firm ASEA Brown Boveri, Inc., and nine years as President and Chief Investment Officer at Investment Solutions Inc., a boutique implemented consulting firm. Most recently, Wood was a Managing Director at Syndicate Advisers LLC, in Greenwich, Connecticut, which he co-founded with AQR Capital Management and First Quadrant LP. 

“Clearbrook’s new Implemented Consulting business offers a cost-effective solution for smaller institutions, many of which lack the internal resources necessary to deftly manage their portfolios in today’s volatile marketplace,” said Wood in the announcement.

More information is at .