Asia head of Blackstone's GSO rejoining JPMorgan

HONG KONG, July 13 (Reuters) - The Asia Pacific head of Blackstone Group's (BX.N) credit hedge fund group is leaving to re-join JPMorgan (JPM.N), according to a source familiar with the matter, roughly six months after the group's Asia desk shut down.

Timothy Donahue, the former Asia Pacific head of GSO Capital Partners, is taking a senior managing director role with JPMorgan in New York at its leveraged loan and high yield capital markets desk, the source said. (Reporting by Michael Flaherty; Editing by Jacqueline Wong)