Brevan Howard Vets Raise $100M For Natural Resources Fund

Oct 24 2011 | 10:00am ET

Three former traders from European hedge fund giant Brevan Howard Asset Management have raised $100 million for a natural resources fund to be launched next year.

Tim Whyte, Carl Linderum and Ben Belldegrun have yet to name their new firm, reports Financial News, citing a person “familiar with the situation.”

Whyte will be the new outfit’s CIO, with Linderum and Belldegrun as senior partners on the investment team.

FN says the fund will focus on global commodities and equities.

All three joined Breven Howard in 2008 from the hedge fund firm Sofaer Capital where they also ran a natural resources hedge funds. They served as senior traders on the Brevan Howard Master fund until 2010, when all three left.

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…