Thursday, 25 August 2016
Last updated 7 hours ago
Jan 11 2011 | 5:55am ET
Brevan Howard Asset Management’s top partners have split more than £200 million in pay for the year ended last March.
The firm’s 38 partners—which include, in addition to firm founder Alan Howard, Brevan Howard Services, which pays the hedge fund’s more than 350 staffers, and Swiss Re, which owns a 15% stake in the firm—divided £204 million among them. The year ended in March was a strong one for Europe’s largest hedge fund: It earned £763.3 million in fees and a £687.9 million profit.
Brevan revealed the figures in its accounts filing with British regulators.