MOVES-Jon Weiss to join hedge fund Candlewood Investment

July 24 Thu Jul 24, 2014 5:56pm EDT

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July 24 (Reuters) - Former Royal Bank of Scotland Group Plc executive Jon Weiss will join hedge fund Candlewood Investment Group LP, Bloomberg reported, citing a person familiar with the matter.

Weiss will join as managing partner and money manager later this year, the report said. (bloom.bg/1nF09H9)

He was global head of a special situations group at RBS and left this month as the company prepares to wind down the distressed unit, Bloomberg Buisnessweek reported last week. (buswk.co/1lAXp7P)

Candlewood Investment was not immediately available for comment. (Bangalore newsroom; moves@thomsonreuters.com)

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