Funds of Hedge Funds People Moves

Crestline hires for credit team

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Edgar Nehme has joined Crestline Investors, the Fort Worth, Texas-based funds of funds group, as the managing director of the firm's credit strategies.

Nehme will focus on the $6 billion firm's current credit initiatives and brings with him 15 years of experience in credit and credit-related portfolio management. Prior to joining Crestline, which is run by Doug Bratton, Nehme was with Union Bancaire Privée in New York, where he focused on distressed opportunities in the corporate and structured credit space.

Last year, Crestline announced plans to buy Northwater Capital Management's assets, including the group's beta overlay investment management