Claren Road Revisits London With Deutsche Bank Hire

May 17 2010 | 12:14pm ET

New York-based Claren Road Asset Management is returning to London, hiring a top Deutsche Bank trader to head its new office there.

The $3.7 billion hedge fund has nabbed John Aylward from Deutsche Bank to managed credit investments from the British capital, Bloomberg News reports. Aylward had been head of high-yield trading at the German bank.

Claren Road closed its previous London office last year. It also opened a Hong Kong office last year.

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