Credit Suisse builds hedge fund sales

Credit Suisse has hired Paul Gamble, former head of credit sales at Deutsche Bank, as a managing director within its Asia-Pacific fixed-income team.

Based in Singapore, Gamble will focus primarily on the distribution of emerging markets financing products into hedge funds and mezzanine funds. He will report jointly to Carl Bautista, Asia-Pacific head of emerging markets credit, and Savady Yem, Asia-Pacific head of fixed-income sales.

Gamble’s experience at Deutsche, where he helped to build a hedge fund sales team, was clearly an attraction as Credit Suisse aims to develop its emerging markets financing group in the region — a team that focuses on structured financing and private loans, such as Alibaba’s recent $8 billion loan, which Credit Suisse acted on as a mandated lead arranger and bookrunner.

Gamble left Deutsche in January as part of a reorganisation of its institutional client group.

The Swiss bank also made some promotions yesterday within its Southeast Asia investment banking division, naming Rizal Gozali and Edwin Low as co-heads and Robby Winarta as head of Indonesia coverage.

Winarta, who was previously a managing director in the Indonesia coverage team, is taking over from Gozali. Low was previously head of Singapore and Malaysia coverage.

In their new roles, Gozali and Low will be responsible for leading Credit Suisse’s investment banking business in Singapore, Malaysia, Vietnam, Thailand, Indonesia and the Philippines.

Both of them will report to Vikram Malhotra, head of the investment banking department in Asia-Pacific, and to Helman Sitohang, head of the investment bank for the region.

Malhotra is responsible for the team’s core products — M&A and capital markets — while Sitohang is responsible for equities, fixed income, lending and the investment banking division.

Low will be based in Singapore, while Gozali and Winarta are based in Jakarta.