Veteran Executive Joins Seasoned Team of Professionals to Further Enhance the Firm’s Collaborative Approach to Achieving Client’s Investment Objectives
NEW YORK, NY–(Marketwired – May 9, 2014) – Clearbrook LLC, a privately held, independent investment management firm, today announced the appointment of Thomas E. Deegan as Managing Director. He will be responsible for overseeing the relationships and operational management for the firm’s institutional clients as well as business development for Clearbrook’s discretionary business. Mr. Deegan will be based in the firm’s New York headquarters and report to Elliott Wislar, Chief Executive Officer of Clearbrook.
Mr. Deegan brings a wealth of experience in pension fund management to Clearbrook, joining the firm from the Stamford Policemen’s Pension Fund where he was the independent Trustee of the Board and head of the investment committee responsible for the investment selection and management of the $190MM pension fund. While at the Stamford Policemen’s Pension Fund, he introduced and implemented a $50MM Alternative Investment platform which included hedge funds, private equity and real estate portfolios.
“We are excited to have Tom join our firm at a time where institutions and organizations are looking for more strategic advisors and consultants to partner with in order to implement investment solutions that meet their goals and objectives while generating positive investment results,” said Wislar. “At Clearbrook, we have a long history of identifying emerging talent and exploiting investment opportunities that ultimately help our clients achieve their investment goals.”
“Clearbrook has a reputation of being a pioneer in the innovation of investment solutions, collaborating with managers, and implementing customized investment strategies to achieve the best returns for their clients,” said Mr. Deegan. “I am extremely pleased to be part of a great organization that has a vision for how investment advisory firms can collaborate and work with their clients in new ways that puts the interests of their institutions first.”
Prior to joining Stamford Policemen’s Pension Fund, Mr. Deegan was a Founding Partner, Chief Operating Officer and Chief Information Officer at GlobeOp Financial Services, a provider of outsourced middle- and back-office, and fund administration services for the hedge fund community from 2000 to 2004. While at GlobeOp he managed client operations, derivative processing, and profit-loss accounting globally.
Mr. Deegan is the recipient of the 2011 Stamford Police Association’s Presidents Award for contributions related to work on the Stamford Policemen’s Pension Fund. He received his MBA from Iona College in New Rochelle, N.Y. and a B.E. in Electrical Engineering from Manhattan College in Bronx, New York.
About Clearbrook LLC
Clearbrook LLC provides comprehensive, objective investment advice and solutions to institutional investors worldwide. Clearbrook serves as an actively engaged partner to clients, designing, managing and implementing customized investment programs that meet long-term objectives. Backed by nearly three decades of industry experience and dedicated research, Clearbrook strives to select superior investment managers across traditional and alternative asset classes, capitalizing on current and emerging market trends to deliver value and pursue alpha. For more information, please visit www.clearbrookglobal.com.
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Media Contact:
Rosalia Scampoli
+1-914 632 0090
rscampoli@ljoassociates.com