Monday, 30 November 2015
Last updated 2 days ago
Jan 3 2013 | 11:17am ET
Brevan Howard Asset Management's band of partners took in more than twice as much in 2011 as they had a year earlier.
The London-based hedge fund giant paid its 49 members £269.8 million in the year ended March 2012. The US$39 billion firm earned 12% on its flagship hedge fund in 2011.
Brevan Howard's highest-paid partner, presumably founder Alan Howard, took home £78.9 million of the kitty, according to a regulatory filing. The firm's highest-paid partner earned £64.8 million in the year ended March 2011.
Howard moved to Switzerland in 2010 to avoid British taxes.
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…