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Highbridge Capital Hires a Trader in London

The hedge fund Highbridge Capital Management, which recently hired away two portfolio managers from Steven A. Cohen,  has picked off a portfolio manager in London from Claren Road Asset Management, a division of the Carlyle Group.

John Aylward is leaving Claren to join Highbridge in London where he will manage a credit strategy portfolio, said a person briefed on the matter but not authorized to discuss the matter publicly. Mr. Alyward is expected to join Highbridge in the next several weeks.

Before working at Claren in 2010, Mr Aylward was with Deutsche Bank, where he was the head of high-yield trading in Europe, according to a profile that is still  on the Claren website. Highbridge, with $29 billion in assets under managements, is owned by JPMorganChase and is moving to expand its presence in Europe. The firm’s London office manages 20 to 25 percent of Highbridge’s assets.

The hiring of Mr. Aylward comes a few weeks after Highbridge hired two portfolio managers from Mr. Cohen’s SAC Capital Advisors to work in its New York office, where the investment firm has its headquarters. In March, Highbridge hired Wayne Chambless and Christopher Procaccini from SAC, which on Monday officially renamed itself Point72 Asset Management, as Mr. Cohen’s firm becomes a family office that will manage mostly his money.

Officials with Highbridge and Carlyle weren’t immediately available for comment.