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Fixed-Income Specialist Leaves LJH

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NAPLES, Fla. (–Michael Holt, the head of fixed-income research at LJH Global Investments, has resigned from his job to pursue a different business.

Mr. Holt did not wish to discuss his plans at this stage. Before joining the hedge fund of funds firm, he was at TIAA-CREF, the New York-based pension fund manager for teachers.

This was apparently Mr. Holt’s last week at LJH. Asked whether the firm has plans to hire a replacement, Charlotte Luer, LJH vice president of public relations, replied: “We’re always looking for talented research people.”

James Hedges, president of LJH, recently selected fixed-income arbitrage as a particularly promising strategy in the current environment, [email protected]