CQS Scoops Up GLG Sales Duo

Sep 8 2010 | 12:25pm ET

Quantitative hedge fund firm CQS, buoyed by the strong performance of its funds this year, has hired a pair of GLG Partners salespeople.

Karyn Geringer and Andrew Hahn have left GLG to join CQS’s sales and marketing team in New York, Financial News reports. The hires follow that of Mandy Mannix last month as the member of CQS’s executive team responsible for sales and marketing. CQS now boasts a dozen professionals on its sales and marketing team.

CQS has seen is assets under management bulge by US$800 million to US$7.4 billion this year. GLG, for its part, is set to be acquired by the Man Group next month.

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    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…