Doug Lowey, a co-founder of $600 million credit shop Brownstone Asset Management, is leaving his role of co-portfolio manager at the firm he helped build in order to focus on his long-running brokerage firm. Lowey will remain at Brownstone while the firm transitions to a new management structure, and his partnership stake in the firm will decrease over time. Brownstone has formed a new investment committee headed by co-founder Oren Cohen as head portfolio manager, Curt Schade as portfolio manager, and recent hire Ed Galanek as portfolio manager...