UK hedge fund manager CQS has appointed a marketer with a background in private equity fundraising to help to diversify its clients.

CQS, one of the UK's 20 largest hedge fund managers with $6.3bn (€4.6bn) of assets under management, has hired Chris Cooke from Lehman Brothers. At Lehman, Cooke was responsible for European and Middle East private equity fundraising. Before that he was a director at Goldman Sachs in London and a director of Electra, a UK buyout firm.