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.