Magnum Launches New Fund of Funds, Ibbotson to ConsultCSFB Hires FX Exec Chapin

NEW YORK (HedgeWorld.com)–Credit Suisse First Boston hired Tim Chapin as a director and senior coverage officer in foreign exchange hedge fund sales.

Mr. Chapin previously was a senior hedge fund sales executive at J.P. Morgan Chase. The firm declined to name his replacement.

The hiring at CSFB was part of a move to boost its FX business among hedge funds. “Tim’s hire represents our desire to be [among] the top providers of services to hedge funds …,” said Klaus Said, global head of treasury products at CSFB, in a statement. “He will join an already strong team in New York and globally with an eye on taking our business to an even higher level over the coming years.”