GLG continues hiring spree in wake of Coffey’s departure

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GLG Partners announced Monday that it has hired a chief investment strategist, Jamil Baz, who will work closely with Driss Ben-Brahim, one of three high-level executives hired to replace star trader Greg Coffey.

Baz will assist Ben-Brahim in developing the $24 billion London-based and U.S.-listed hedge fund firm’s global macro business and thematic funds. He also will work on global asset allocation.

“Jamil’s extensive background in developing asset allocation and trading models, and his unique strategic perspective on the markets make him an important addition for GLG,” said Manny Roman, co-CEO of GLG, in a statement.

Baz joins from bond