Brevan Howard Partner Pay Doubles

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.


In Depth

Q&A: Reg A+ Will Transform the Alternative Asset Landscape

Jul 7 2015 | 4:03pm ET

In addition to easing capital formation for small companies, Regulation A+ has enormous...

Lifestyle

Fiat Chrysler Files Paperwork For Ferrari IPO

Jul 23 2015 | 5:05pm ET

Italian sportscar maker Ferrari has taken a step closer to a stock market listing...

Guest Contributor

Lifting of Foreign Ownership Limits Signals Sea Change in Vietnam's Capital Markets

Jul 28 2015 | 3:01pm ET

The lifting of restrictions on foreign ownership limits in Vietnam later this year...

 

Editor's Note