Hedge Fund Manager Brown Leaves Goldman For IPS

Jan 25 2010 | 7:29am ET

Former Goldman Sachs hedge fund manager Chris Brown has joined IPS Capital, a British asset management firm.

Brown became co-chief investment officer at the firm on Jan. 1, CityWire reports, but he has been working for the firm for several months already, helping build its new in-house risk and trading system. Brown was also named a partner at IPS, and will join its board of directors.

The newly-minted partner joined Goldman’s special situations team as a credit trader. He established and managed a niche credit hedge fund before leaving the firm. Brown worked at Commerzbank and Citigroup before he moved to Goldman.

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