Thirdrock building out discretionary platform

Singapore-based multi-family office Thirdrock plans to build a multi-asset discretionary portfolio management (DPM) offering, following the hire of its first dedicated equity manager for this part of the business. The move is part of a recent headcount expansion as the firm implements an institutional-level infrastructure and seeks to broaden its client base, following a substantial buildout in late 2013 and early 2014. Joel Ng joined in July to run the Asian value-focused absol…