CQS hires buyout fundraising veteran(2)

UK hedge fund group CQS has hired Chris Cooke, a former fundraiser at Lehman Brothers, into a senior marketing role.

CQS, a UK-based hedge fund manager, has raided the private equity industry to bolster its growing investor relations team, with the appointment of Chris Cooke.

Cooke was previously a managing director in the private equity group at Lehman Brothers, where he was responsible for fundraising from institutions and high net worth individuals in Europe and the Middle East.

Before that he worked as an executive director at Goldman Sachs, and as a director at Electra, a UK-listed private equity trust.

Cooke is joining CQS’s seven-strong investor relations team in what the firm describes as a “senior marketing role”, where his primary focus will be on marketing to institutions in the UK and in continental Europe.

CQS chief executive Michael Hintze said: “Chris has an outstanding track record of fundraising over many years. We look forward to him playing an important role as part of the growing marketing and investor relations team”.

CQS, which stands for convertible and quantitative strategies, was founded by Hintze in 1999 and originally focused on convertible bond arbitrage. It has since diversified its strategy, moving into areas like leveraged loan investment – often in support of private equity buyouts. It follows a market-neutral approach, so it is not exposed to general swings in the market, and has offices in London and Hong Kong, with a presence in Channel Islands, Cayman Islands and Switzerland.