Portfolio manager joins hedge fund firm

Fabrice Bay will join GLG Partners Inc., as a portfolio manager in the hedge fund manager’s London office, confirmed a spokeswoman. He will lead the firm’s consumer fund team and co-manage the Capital Appreciation Fund with portfolio manager Ben Funnel. Mr. Bay was managing director at DWS/Deutsche Asset Management, responsible for managing the DWS European Dividend Plus Fund. Portfolio manager Nikolaus Poehlmann will take over responsibility for the fund, spokeswoman Anke Hallmann said.