Thursday's Headlines: Smaller Hedge Funds Will Do Most of the Hiring This Year

Hedge funds with under $ 1 billion in assets are set to do the bulk of the hiring this year within the industry. [Finalternatives]

Former UBS portfolio manager Brian Singer is set to market a global-macro strategy fund and hire additional staff. [Hedge Fund Alert]

Blue Harbour Group, a $1 billion investment firm, has hired two managing directors to expand its institutional business and cater to public pension funds. [Marketwatch]

Investment bank Gleacher & Co. is launching a residential mortgage banking business. [Housingwire]

Broker BTIG expanded its fixed income business by naming a new managing director on its convertible securities desk. [Insurance News]

Credit Suisse topped Goldman Sachs in the rankings of top bankers to private equity firms last year. [Financial News]