Bloomberg – Stephen Stonberg, head of a Brevan Howard Asset Management LP unit that markets funds to investors, quit the firm to join Credit Suisse AG after the hedge-fund company limited new investments in its funds.
Stonberg started at Credit Suisse this month in New York as chief operating officer of the investment bank’s alternative- products management group, a Credit Suisse spokeswoman said today. He was chief executive officer of Brevan Howard U.S., which focuses on marketing the company’s products.