BOSTON--(BUSINESS WIRE)--Crow Point Partners (CPP) is pleased to announce that David R. Cleary, CFA, will be joining the firm as a principal and portfolio manager and head of the firm’s newly launched global macro strategies group. Mr. Cleary, formerly a portfolio manager and global head of the $26 billion fixed income group at Lazard Asset Management, brings to Crow Point more than 30 years of portfolio management experience in the global investing space over a wide range of asset allocation and fixed income strategies.

Mr. Cleary will oversee and help manage the firm’s global asset allocation mutual funds and SMA’s and will assist with other investment strategies offered by the firm. Commenting on Mr. Cleary joining the firm, Peter DeCaprio, Crow Point’s CEO and co-founder, said: “We are delighted to have an experienced hand like Dave join our team. He will add value immediately in an asset class that has become an essential component of any diversified portfolio. His skill set will allow us to bring new, innovative global investment strategies to the market.”

Mr. Cleary stated: “I am delighted to join Crow Point. The combination of Crow Point’s deep fundamental expertise coupled with a highly quantitative skill set allows us to bring unique, rules-based strategies to the market. Crow Point has built compelling solutions for those investors seeking alternative income and global alternative equity strategies that are so relevant today.”

Mr. Cleary started his professional career in 1987 after graduating from Cornell University with a B.S. in Business Management and Applied Economics. He is also a CFA charterholder.

Crow Point Partners, founded in 2006, manages approximately $800 million in assets in sub-advised mutual funds, proprietary mutual funds, SMA and UMA accounts and strategies. We offer global investment solutions in equity income, total return, alternative income, and alternative or hedged equity strategies.

For more information please visit our website, www.cppinvest.com.