Sunday, 26 April 2015
Last updated 1 day ago
Jul 22 2011 | 12:42pm ET
Brevan Howard Asset Management is losing its "v."
James Vernon, a co-founder of the global macro giant and its chief operating officer, will leave the firm in September, the Financial Times reports. Vernon is the most senior executive to leave the firm since it was founded nine years ago.
Vernon plans to "pursue other interests," the hedge fund told investors this week. He will remain a non-executive director on the $32.6 billion firm's non-UCITS funds.
Vernon, one of the public faces of the highly secretive firm, is the second Brevan Howard co-founder the leave the firm. Jean-Philippe Blochet quit in 2009 and joined Moore Capital Management last year. But, unlike Vernon, Blochet did not have a senior management role at the firm.
Co-founders Alan Howard, Trifon Natsis and Christopher Rokos remain with the firm.
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…