Nov 17 (Reuters) - UBS informed investors the

co-heads of O'Connor's capital solutions strategy unit, Rodrigo

Trelles and Baxter Wasson, had opted not to accept jobs at

brokerage Cantor Fitzgerald, a source familiar with the matter

told Reuters on Monday.

UBS O'Connor's Gregory Najarian became portfolio manager

with immediate effect, the source said, adding that he will be

backed by Jaeho Choi and Joshua Mercado.

Bloomberg News first reported the events.

The Swiss lender said earlier this month it was winding down

investment funds run by O'Connor, after suffering losses due to

exposure to bankrupt U.S. auto parts supplier First Brands

Group.

The capital solutions unit is part of O'Connor, an

established alternatives platform with hedge funds, alternative

credits and commodities, according to UBS's website.

Earlier this year, Cantor Fitzgerald had agreed to buy

O'Connor from UBS, as it continues streamlining its operations

since the merger with Credit Suisse in 2023.