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Check out the latest news and insight from the ever-evolving world of institutional investing and hedge funds from around the globe.

Jing Chen has been eVestment’s hedge fund industry news reporter since 2011. To submit industry-related press releases or request feature ideas please contact her at editor@evestment.com

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Brevan Howard's UK Unit Pays Partners $99M

Jan 06, 2014
Jing Chen

Brevan Howard’s U.K. unit paid its partners $99 million for the year through March.

Bloomberg Businessweek reported that Brevan Howard Asset Management LLP’s highest paid partner received $64.6 million in that time period, down from $129.4 million just a year earlier. The partner’s identity was not disclosed.

The article added that the U.K. unit had 46 partners during that period, with each individual receiving an average pay of as much as $2.1 million.

Jersey-based Brevan Howard recently surpassed Man Group as Europe’s largest hedge fund firm with approximately $40 billion in assets.

 

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