As initial anxiety over Donald Trump’s victory gave way to market euphoria in the days following the election, there was a casualty. Gold prices.
Tuesday, 24 January 2017
Last updated 14 hours ago
Nov 18 2013 | 8:19am ET
Goldman Sachs alumna Jennifer Drake has been named head of business development at the Brevan Howard spin-out DW Investment Management.
Drake was a managing director at Goldman Sachs, where she focused on credit, event-driven and relative-value investments and was a member of the liquid markets investment committee for the $120 billion alternative investments and manager selection group.
Earlier in her career, Drake oversaw similar investments for Swiss asset manager GAM and was head analyst and portfolio manager for Nomura Securities’ proprietary convertible bond portfolios in New York. Drake started her career at Goldman Sachs in mergers and acquisitions.
DWIM, which specializes in credit investments and manages over $5 billion, was founded by David Warren and partners in 2009 and retains ties with the founders' former employer, managing two Brevan Howard credit hedge funds: the Brevan Howard Credit Catalysts Fund and the Brevan Howard Credit Value Fund.