Brevan Howard Asset Management has hired a rising star among mortgage traders.
The hedge fund giant will add Josh Bertman, who left Credit Suisse Group last month, less than a year after being named one of Forbes magazine's "30 under 30." Bertman is 29, and was earning "big revenue" for Credit Suisse, Forbes said.
At Brevan, Bertman will be based in New York, Bloomberg News reports. He has been with Credit Suisse since graduating from the Massachusetts Institute of Technology in 2005, and focused on trading agency collateralized mortgage obligations at the bank. He has been among the most active traders in that market.
Brevan has launched two funds focused on mortgage-trading this year.