Credit Suisse Asset Management (CSAM) has announced that Jack DiMaio will be the firm's head of alternative investments after crossing over from Credit Suisse First Boston (CSFB) at the beginning of the year.

In his new role, anticipated by Financial News on March 3, DiMaio will be in charge of the manufacturing, sales and marketing of CSAM's range of alternative investment products, which includes real estate, structured finance and fund of funds, for institutional and retail investors.