Tuesday, 1 December 2015
Last updated 1 hour 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.
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…