Monday, 27 April 2015
Last updated 39 min ago
Sep 21 2010 | 9:05am ET
Europe’s largest hedge fund is opening an office in the country that puts the “B” in BRIC.
Brevan Howard Asset Management is planning an office in São Paulo, Brazil. The London-based firm, which manages more than US$30 billion, has hired a former deputy governor of Brazil’s central bank, Mario Mesquita, to head the new office, which will focus on research.
The São Paulo outpost will help broaden Brevan’s “global footprint,” the firm said. Brevan Howard opened a Geneva, Switzerland, office earlier this year. The move also comes after the firm launched a UCITS III-compliant emerging markets foreign exchange and rates hedge fund with about US$110 million.
Mesquita has already started at Brevan. He resigned as head of macroeconomic policy at the Brazilian central bank earlier this year after four years in the post.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…