Sunday, 1 February 2015
Last updated 2 days ago
Jan 17 2013 | 1:41pm ET
The "r" in Brevan Howard Asset Management has started a family office.
Christopher Rokos retired from Brevan Howard in August. His London-based family office will manage his personal fortune, estimated to be £230 million.
Rokos, who co-founded Brevan Howard in 2002, is prevented by a non-compete agreement from managing outside capital. He has reportedly not decided what to do once that agreement expires; when he left Brevan Howard, Reuters reported that he was mulling a hedge fund launch.
One sign that a new Rokos-led hedge fund could be in the works is the presence of another former Brevan Howard partner, Andy French, who Reuters reports is chief operating officer of Rokos' family office, which is located in Mayfair, the heart of London's hedge-fund district.
Rokos' exit from Brevan Howard came after his share of the hedge fund's assets was reduced. Of the five co-founders of Brevan Howard, Europe's second-largest hedge fund with US$39 billion, only two remain: Alan Howard and Trifon Natsis.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…