Credit Suisse combines alternatives division, names Ravi Singh chief
May 21, 2010
Suzy Kenly Waite
Ravi Singh will now oversee all of alternatives, including hedge funds, funds of funds, private equity and real estate. Nicole Arnaboldi, who used to manage those investments, has been named vice chairman of asset management.
Credit Suisse has integrated its alternative asset management divisions into a single unit, combining management of its liquid and illiquid investments. As head of alternatives, a new position, Ravi Singh will be in charge of $161 billion and 700 employees worldwide.
Singh, a Goldman Sachs veteran, came out of retirement last June to manage the bank’s...
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