Brevan Howard Gift Sets Up London Finance Research Center

Mar 13 2013 | 11:31am ET

Brevan Howard Asset Management is giving US$30 million to founder Alan Howard's alma mater.

The donation from London-based hedge fund, which manages US$39 billion, will be used to set up a finance research center at Imperial College's business school. Howard studied chemical engineering at Imperial, one of the best universities in the U.K.

It is unclear precisely what the Brevan Howard Center for Finance will focus on, but the aftermath of the financial crisis is likely to be a part of it. "I think the crisis has generated a different set of questions than have traditionally been taught in business school," Howard explained.

The new center will be staffed by a director and two other professors, as well as junior academics, and will serve as many as 16 doctoral students.


In Depth

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...

 

From the current issue of

Versum Materials (VSM), with a market capitalization of $2.7 billion, enables chipmakers to achieve higher performance at lower cost with enhanced reliability. Versum is a leading global provider of electronic materials for the integrated circuit and flat-panel display markets.