Clear Brook’s experience and long-term relationships with a wide variety of top-tier managers are important factors that allow us to develop an investment strategy for each client. This expertise includes a diverse array of investment opportunities, both in the U.S. and abroad.

• private equity and venture capital
• long/short and concentrated long equity in developed and developing markets
• credit opportunities and distressed assets
• oil and gas, minerals, precious metals and other hard assets
• agriculture (citrus, vineyards) and timberland
• specialty partnerships such as pharma royalty interests
• global macro and absolute arbitrage

Insights

Portfolios must be positioned to take advantage of long-cycle opportunities. Investing with “the wind at your back” is substantially more rewarding than having to constantly change course. In sailing, “tacking” is a complicated affair, requiring both the proper decision as to when to alter course but also executing the maneuver so as not to lose speed. Constant course corrections in investing are just as difficult. More often than not, investors and advisers who constantly change course are doing so for one of several reasons.

• chasing returns
• timing markets
• justifying their fees

In very few instances will such behavior lead to improved investment returns.