Hedge Fund Brevan Howard Makes Play For India

Feb 22 2008 | 2:00am ET

Brevan Howard, a $20 billion British hedge fund manager, is prepping an India-focused offering.

The Brevan Howard India Opportunities Fund is set to debut with some $75 million in firm capital, although a launch date has not been finalized, according to a source with knowledge of the situation.

The fund will invest in a range of equities and real estate opportunities in India, including private companies, due to the illiquid nature of the Indian market, said the source.

Rommie Bhutani, a former managing director at Bank of America, serves as portfolio manager.

The fund charges a $1 million minimum investment for individual and $3 million for institutional investors. There is a three-year lockup period.

Brevan Howard is also currently prepping a new multi-strategy offering to be launched within the next few months.


In Depth

Q&A: MackeyRMS's Chris Mackey On A High Tech Fix To Broker Votes

Jun 23 2017 | 8:17pm ET

The looming implementation of the EU’s MiFID II rules regarding research has put...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Steinbrugge: Asia-Focused Hedge Funds Offer Great Opportunities

Jun 23 2017 | 3:33pm ET

Emerging market strategies have outperformed their developed-market peers for five...

 
Error

From the current issue of