Hedge Funds People moves

Claren Road marketing chief departs

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Business development head Suzanne Murphy spent more than two years at the $5.1 billion firm.

Suzanne Murphy, the head of strategic development at $5.1 billion long/short credit shop Claren Road Asset Management, has left the firm effective August 17.

Murphy joined Claren Road in April 2009 in a newly created position “focused on expanding the firm’s brand, as well as managing Claren Road’s business development and investor relations platform,” according to the firm’s marketing materials.

The reason for the departure and her future plans could not immediately be learned. Murphy's tenure at Claren Road was during its sale to the Carlyle Group in December, when the $153 billion alternative asset manager bought