Grant Thompson was named joint CEO of credit hedge fund specialist CQS.
The position is new. He will serve with co-CEO Michael Hintze, who held the job on a solo basis and also serves as senior investment officer and chairman of the CQS executive committee.
Mr. Thompson will be based in the new New York office of the $6.5 billion hedge fund manager and will focus on business development and company infrastructure, according to a news release.
Mr. Thompson was senior relationship manager and head of leveraged solutions-Americas for Barclays Capital. Information about Mr. Thompsons replacement was not available.