Credit Suisse Hires Man's Stewart For Alts. Business

Nov 2 2010 | 10:52am ET

Credit Suisse has added a Man Investments executive to head its own hedge fund business.

Andy Stewart was named head of the liquid alternatives business at the bank, which includes both its single-manager hedge fund and fund of hedge funds business, as well as its hedge fund index products. Credit Suisse said Stewart would be charged with further developing and expanding the business.

"I am delighted to have Andy joining our team. He brings considerable industry experience to this role and I am confident that his breadth of knowledge and expertise will contribute to the ongoing success of the business," Ravi Singh, head of global alternative investments, said. "He will certainly play a crucial role in the continued growth of our alternatives franchise."

Stewart had been president of Man Investments in the U.S. and head of its global managed accounts business.

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