Manit Rye was named managing director and head of hedged index strategies at Clearbrook Global Advisors, spokeswoman Rosalia Scampoli said.
The position is new. Mr. Rye will be responsible for managing and developing customized portfolio solutions for clients using actively managed options on broad market indexes. He will be based in the firm’s New York headquarters and report to CEO Elliott Wislar.
Mr. Rye was founder and a principal of Thomas Funds. It could not be learned by press time whether he was replaced.