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Ex-Credit Suisse head joins hedge fund

email this aricle - Ex-Credit Suisse head joins hedge fund - 17 July 2007 print this article - Ex-Credit Suisse head joins hedge fund - 17 July 2007
The former co-head of Credit Suisse's financial institutions investment banking division has joined hedge fund Fairfield Greenwich.

Having left the Swiss banking giant in May, Charles Murphy will become a partner with responsibility for determining the fund's strategy as well as overseeing its capital markets business.

Prior to his employment with Credit Suisse, Mr Murphy worked for both Deutsche Bank, where he headed up its European financial institutions business for four years, and Morgan Stanley, where he occupied a similar role.

His hire follows that of former head of Merrill Lynch's London equity syndication department Mark Gwynne by Polygon Investment Management, as hedge funds look increasingly towards recruiting former bankers who have specialized in capital markets to serve in administrative and advisory positions for the debt and equity markets.

Founded in 1983, Fairfield Greenwich manages assets worth $15 billion and employs 100 staff worldwide.

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