Highbridge Capital’s Munib Islam Said to Quit Hedge Fund

Highbridge Capital Management LLC’s Munib Islam left the $27 billion hedge fund, the second portfolio manager to depart this month, according to two people familiar with the matter.

Islam, who oversaw $100 million in European equities out of London, left the firm today, said one of the people who asked not to be identified because the information is private. Alec McAree, the global head of equities, will take over his duties, said the person.