Saturday, 31 January 2015
Last updated 1 day ago
Feb 8 2008 | 11:06am 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.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…