Aladdin lifts out Fusion fund

Aladdin Capital Management has hired John Brewer and Tim Goodale to run Aladdin's European fund business. Brewer joins as head of European credit trading and Goodale as head of sales and marketing.

The firm's European bank loan business will be managed by Peter Allan, who joined earlier this year from NIB Capital.

Brewer and Goodale were principals of Fusion Asset Management, and bring with them the Fusion Relative Value Credit fund. Seeded in December 2004 with $25 million, the fund will be

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