Thursday, 2 July 2015
Last updated 14 hours 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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…