Babbit Joins Credit Suisse FoF Business

May 14 2007 | 1:35pm ET

Credit Suisse has added fund of hedge funds veteran Lance Babbit to its multi-manager portfolios business as a senior portfolio manager. He is based in New York and reports to Ed Robertiello, head of multi-manager portfolios.

Babbit joins from Focus Investment Group, where he led its multi-strategy and customized solutions portfolios. CS is the latest stop on a peripatetic career that began with law firm Gerstein Savage and has taken him to Weiss, Peck and Greer, JPMorgan Chase and Deutsche Bank, where he spent four years as a senior portfolio manager for multi-strategy funds of funds and headed research for event-driven and short-selling funds.

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