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UBS’s Rajeev Misra Said to Plan Move to Fortress Hedge Fund

Bloomberg – Rajeev Misra, UBS AG’s former co- head of fixed-income, is preparing to leave the Swiss bank for Fortress Investment Group LLC, two people with knowledge of the matter said.

Misra, who has served as a senior adviser to UBS’s executive board since June, is poised to join the private equity and hedge-fund firm next month as a senior managing director in its credit operations, said one of the people, who asked not to be identified because they weren’t authorized to speak publicly. Misra formerly worked at Deutsche Bank AG.

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