Brevan Howard Asset Management, a London-based hedge fund, has hired a senior hedge fund-linked salesman from KBC Financial Products in New York. Joe Maclean has joined Brevan Howard in New York, reportedly in a business development role similar to that of Stephen Stonberg, previously a credit sales head at JPMorgan in London (DW, 7/28). Maclean did not respond immediately to a phone message.
At KBC, he reported to Sajeev Sirpal, head of fund derivatives in New York, who said Maclean will be replaced.