Tue, 02/11/2010 - 12:06
Credit Suisse has appointed Andy Stewart to the asset management division as managing director and head of the liquid alternatives business, effective 1 December 2010.
Stewart joins Credit Suisse Asset Management from Man Investments, where he was president and chief operating officer in the US, responsible for business management and overall supervision of the firm's activities in the US market.
He was also global head of managed accounts, charged with oversight of Man's managed account initiatives globally.
In his new role at Credit Suisse, Stewart will be responsible for further developing and expanding the liquid alternatives business – which includes its single manager hedge fund business, fund of hedge funds, and index products – and ensuring that it remains a key contributor to the asset management division's growth over the long term.
Ravi Singh, head of alternative investments globally, says: "I am delighted to have Andy joining our team. He brings considerable industry experience to this role and I am confident that his breadth of knowledge and expertise will contribute to the ongoing success of the business. He will certainly play a crucial role in the continued growth of our alternatives franchise."
Stewart adds: "I am very pleased to be joining Credit Suisse and excited to work with some of the most capable and experienced people in the industry. As the alternative investments landscape continues to evolve, I look forward to helping the asset management business further leverage Credit Suisse's global platform to better serve clients' needs and meet their investment objectives."
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