Highbridge Loses Euro. Stock Manager Islam

Mar 3 2011 | 1:30pm ET

Another Highbridge Capital Management portfolio manager has left the firm. Munib Islam, a European equities manager, resigned from the hedge fund giant yesterday.

Islam's exit follows that of Carl Huttenlocher, who led Highbridge's Asia operations. Huttenlocher plans to launch a hedge fund of his own; Islam's plans are not clear.

At Highbridge, Islam managed US$100 million from the firm's London office. His departure was first reported by Dealbreaker.com.

Highbridge's global head of equities, Alec McAree, will take over Islam's portfolio, Bloomberg News reports.

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