On The Move: MKP Capital London Money Manager Muller Said to Leave Fund

MKP was among a group of U.S. hedge funds to add staff in London and relocate executives in 2013 to profit from disposals of asset-backed debt and bad loans from European banks facing tougher capital rules.

(Bloomberg) — Christopher Muller has left MKP Capital Management in London where he was a money manager in the credit team, according to people familiar with the matter, who asked not to be identified because theyre not authorized to speak about it.

Muller moved to the U.K. from the U.S. in 2013 as New York- based MKP Capital expanded into European asset-backed securities. His registration with theU.K.s Financial Conduct Authority has been inactive since Feb. 29.

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MKP was among a group of U.S. hedge funds to add staff in London and relocate executives in 2013 to profit from disposals of asset-backed debt and bad loans from European banks facing tougher capital rules. Ellington Management Group and GoldenTree Asset Management also added staff.

MKP manages more than $8 billion of assets and invests in global macro, credit and commercial real-estate strategies, according to its website.

A spokeswoman for MKP employed by Weber Shandwick declined to comment on personnel moves.