GSO Hires Brevan Howard ABS Chief

Feb 8 2008 | 12:06pm ET

Hedge fund GSO Capital Partners has nabbed a team of asset-backed traders from Brevan Howard Asset Management.

Najib Canaan—formerly head of asset-backed securities at London-based Brevan Howard—joined New York-based GSO this week. He and his team will focus on mortgages and bonds burned by the credit crunch.

Canaan is no stranger to his new bosses: He worked alongside them at Donaldson Lufkin & Jenrette. Prior to joining Brevan Howard last year, Canaan also worked at Nomura Holdings, where he was head of U.S. fixed-income trading.

GSO manages some $10 billion. Private equity giant The Blackstone Group agreed to buy the firm last month for almost $1 billion.


In Depth

Don’t Overlook These 6 Hybrid Cloud Concerns

Sep 14 2017 | 6:27pm ET

Cloud-based technology solutions have made tremendous inroads into the alternative...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Cash: An Asset In Adolescence

Aug 31 2017 | 3:34pm ET

If the investment industry has a rebellious teenager in the house today, that teenager...