Fund of hedge fund firm SilverStreet Capital said on Monday it had recruited Alan Miller, the high-profile former chief investment officer of New Star Asset Management, as partner and fund manager.

Miller, formerly a director and hedge fund manager at Jupiter, joined New Star in 2001. He ran the firm's flagship UK Growth fund, but this was passed on to Stephen Whittaker in 2002 following a period of underperformance.

SilverStreet manages $600m in fund of hedge fund assets.