GSO Hires Brevan Howard ABS Chief

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.


In Depth

Humble in Hofstra...One Debate an Election Can Make

Sep 26 2016 | 10:20am ET

Tonight's U.S. Presidential debate, infamously coined the “Humbling in Hofstra...

Lifestyle

Quattrex Sports AG Debuts Soccer-Focused UCITS Fund

Sep 9 2016 | 9:54pm ET

Innovative alternative investment company Quattrex Sports has unveiled a new UCITS...

Guest Contributor

Malik: The Ever-Changing Middle Market and The Entering Class of 2016

Sep 2 2016 | 5:01pm ET

Deal sourcing and origination is only going to get more competitive given current...