Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Brevan Howard"


18 mentions found


Unlike business development in corporate America, which focuses on growing a company's prospects with partners and clients, hedge fund BD teams specialize in scouting, evaluating, and wooing investment talent. AdvertisementFew have been involved in hedge fund BD longer than Jennifer Blake, Balyasny's global head. The fund's BD department remains in close contact with PMs after they join as a resource and advisor. Vernon Yuen/Getty Images$61 billion AUM2,200+ employeesAdvertisementKen Griffin's Citadel has outperformed not just its immediate rivals but every other hedge fund. He runs a team of about 20 as head of business development in the Americas, the largest region of the largest player in this space.
Persons: , Griffin's, Izzy Englander's, Goldman Sachs, Headcount, execs, Dmitry Balyasny, Brendan McDermid, Jennifer Blake, Balyasny's, Morgan Stanley, Dmitri Balyasny's, Blake, it's, Federico Chavarria, Balyasny, Dave Matz, Smith Hanley, Alistair Jacobs, Dave Black, Peter Appel, Federico Chavarria MD, Andrew McHugh, Jules Biolsi, Michael Platt, he's, BlueCrest, Michael Grad, Grad, Jake Lindsay, Mungo Strachan, BlueCrest's, Brevan Howard Brevan Howard, Alan Howard, Ringo Chiu, Brevan Howard, Alan Howard's, Aran Landy, Brevan, Abu, It's, Landy, Howard, Peter Hornick, David Abbou, Jonathan Candy, Gregoire Vidal, Vidal, Tim Williams, Andy Silver, Gautam, Ken Griffin, Vernon Yuen, Ken Griffin's, Griffin, Matt Giannini, Giannini, headhunter, Matt, I've, — Thomas DeAngelis, Lindsay Previdi, Rice, Dore, Eleanor Sharkey, Melinda Urban, Mark Hansen, Julian Ulmer, Mathur, Adam Sharkie, Michael Page, Eisler, Edward Eisler, Sam Wisnia, Chris Milner, Milner, Hilary Curran, Hilary Curran Global, Rebecca Zisser, Michael Gelband, Hornick, Jeff Gelband, Mike Tiano, Eric Han, Garrett Berg, Liu, APAC Blackstone, Euan Shand, Kevin Carroll, Emily, Needham, Ostendorf, Ben Levine, Stefan Renold, LMR, Marcus Fairhurst, He'd, LMR's, Izzy, Ronda, Singh, Mark Meskin, Justin Gmelich, Steve Keller, Benjamin Williams, Madhvani, Paritosh Singh, Ben Williams, Kristina Tully, Steven Cohen, Point72, Shayanne, Steve Cohen's, Harry Schwefel, Chandler, Steve Cohen, JT Shields, They're, Schwefel, Alyssa Friedman —, Chandler Bocklage, Reid Murphy, Jae Yang, Japan Goldman Sachs, Alyssa Friedman, Jackie Dai, Gabriel Sanders, Ajay, Steven Schonfeld, Michael Nagle, Steve Schonfeld's, Ryan Tolkin, Schonfeld, doesn't, Akshay Aggarwal, Alex Burns, Ryan McCort, Colin Lancaster, Mitesh, Sameer Buch, Brittany Lynch, DMFI, Goldman, Verition, Nicholas Maounis, Josh Goldstein, Brian Townes, Townes, Elizabeth Xiang MD, Vir, Steve Satenstein, Chris Svoboda, Will England, Thomas DeAngelis, DeAngelis, Jonathan Brenner, hasn't, Maureen Reed, John Sullivan, Brenner, Walleye's Organizations: Service, Management, Wall, Business, Balyasny, Balyasny Asset Management, Quadra Advisors, SAC, Macquarie, BD, UBS, Grad, Financial Times, Michael, Lascaux, Howard BD, Brevan, Argentum Advisors, BH Digital, McKinsey & Company, JPMorgan, Ken Griffin's Citadel, Citadel, Citadel's, decamping, Chicago, Citadel BD, Walleye Capital, of Surveyor, Millennium, Capital, Credit, Ashler, Rice, Deutsche Bank, LMR Partners, London, Dore Partnership, Soros, Soros Fund, Ronda Churchill, Bloomberg, Getty, Guggenheim, Industry, MLP, Americas Guggenheim, Americas Citadel, SAC Capital, SEC, Point72 Academy, Citigroup, BD Energi, Japan, EMEA, APAC BNP, Schonfeld, PAAMCO, KKR, DMC Partners, Topwater, LinkedIn, New, New Holland Capital, BD —, Walleye, Lehman Brothers, Hutchin, Putnam Investments, ~$ Locations: America, Asia, Balyasny, Blackstone, New Holland, Abu Dhabi, BlueCrest, Europe, Graticule, ExodusPoint, Hornick, Freestone, New York, Schonfeld, Brevan, he's, Aberdeen, Hong Kong, Zurich, Glasgow, Dubai, Americas, Point72, quant, Verition, London, Greenland, Minnesota, Citadel
Billionaire Steve Cohen's Point72 has cut at least seven long-short equity portfolio managers. The firm, which is up 5.9% in 2024 through April, has dozens of portfolio managers across strategies. AdvertisementBillionaire Steve Cohen's Point72 has cut at least seven long-short equity portfolio managers, several people close to the fund told Business Insider. As of last September, the firm had 100 long-short portfolio managers. Five more macro portfolio managers joined the firm in March, Bloomberg previously reported, and the total number of macro teams now stands at more than 50.
Persons: Steve Cohen's Point72, , Brevan Howard, Schonfeld, Point72, Mo Grimeh Organizations: Service, Business, Bloomberg, Millennium
The portfolio manager whisperers
  + stars: | 2024-05-03 | by ( Alex Morrell | ) www.businessinsider.com   time to read: +24 min
AdvertisementHistorically, a hedge fund's chief investment office or senior portfolio manager was responsible for vetting and wooing key investment hires. They can also help hedge funds save on outside recruiting costs, which can add up to tens of millions a year. Hedge funds targeted institutional salespeople at investment banks with exposure to hedge funds, as well as asset allocators with chops in portfolio-manager selection and due diligence. Assets at multimanager hedge funds have boomed since 2018. The principle may work for fictional baseball diamonds, but the reality at hedge funds is more complicated.
Persons: Taylor Swift, Travis Kelce, Goldman Sachs, , That's, headhunter who's, liken, Nick Saban's, Midlevel, headhunter, Ken Griffin, Michael Kovac, execs, Jennifer Blake, BD Thomas DeAngelis, Walleye Capital Paritosh Singh, Americas Michael Grad, BlueCrest Lindsay Previdi, Point72, Freestone Grove Matthew Giannini, Ken Griffin's, ExodusPoint, Brevan Howard, breakneck buildout, Michael Gelband —, Jonathan Hoffman, Alexander Phillips, ExodusPoint's, Millennium's Izzy Englander, noncompetes, Millennium Management Amanda Gordon, multimanagers, who've, Goldman, Schonfeld, Brevan Howard —, Neil Chriss, Harry Schwefel, Jonathan Brenner, Walleye's, Thomas DeAngelis, DeAngelis, Brenner, DeAngelis hasn't, Kansas City Chiefs Travis Kelce, Erick W, Rasco, Donald Trump's, America couldn't, Citadel execs Todd Barker, Daniel Morillo —, Jeff Runnfeldt, Bobby Jain, allocator Organizations: NFL, Business, Citadel, BD, University of Alabama, execs, Balyasny, Walleye Capital, Millennium, Americas, Freestone Grove, — Citadel, Walleye, BI, Costco, Millennium Management, Bloomberg, Getty, Investor, Barclays, Barclays Capital Solutions, Brookfield, Paloma Partners, Kansas City Chiefs, San Francisco 49ers, Allegiant, Getty Images, Black, Investors, ex, Fortress Locations: America, multimanagers, , Hudson Bay, Schonfeld, Israel, multimanager, Europe, Middle East, Africa, Vegas, Balyasny
Memecoins are back and they're producing some wild returns even hedge funds can't ignore. Coins like Dogwifhat and Baby Doge Coin soared amid bitcoin's explosive rise in the first quarter. AdvertisementMemecoins have made a comeback amid bitcoin's big rally this year, and with skyrocketing returns in the highly volatile corner of the crypto market, some hedge funds have been jumping in, Bloomberg reported. California-based hedge fund Stratos debuted a fund that holds Dogifwhat, a token whose mascot is a dog in a beanie. Hedge fund Lekker Capital's founder, Quinn Thompson, told Bloomberg that memecoins are just another chapter in the saga of "retail frenzy," akin to the GameStop and meme stock madness in traditional markets.
Persons: Memecoins, , skyrocketing, Stratos, Howard, rocketed, Crypto, Lekker, Quinn Thompson, Pantera, they've Organizations: Service, Bloomberg, Pantera Capital, GameStop Locations: California, New York
Read previewIn what has been billed to be the year of macro, hedge funds are taking diverging paths on the sector. This story is available exclusively to Business Insider subscribers. Related storiesTwo people familiar with the changes told Business Insider that Jaime Villa, Schonfeld's head of macro research, is no longer with the asset manager. And despite the popularity the strategy might have with allocators at the moment, funds are still quick to cut underperformers. Brevan Howard, one of the biggest macro players in the world, cut dozens of investors earlier this month after its biggest loss on record in February.
Persons: , Chris Rokos, Jaime Villa, Schonfeld's, Villa, Colin Lancaster, Mitesh, Jerome Sargoussi, Eisler, Raj Sethi, Brevan Howard, Steve Cohen's Point72, Mo Grimeh, Bloomberg —, Grimeh, Brett Gardocki — Organizations: Service, Federal, Business, Pimco, KKR, SPX, Walleye, Bloomberg, Millennium, Pan, Former Walleye Locations: Schonfeld's London, New York, Minnesota, Stamford, Houston, Hong Kong
A onetime commodities backwater, congestion trading has become a growing business in recent years as the demand for electricity and volatility on the power grid in the US has soared. The financial category, which includes specialized power-trading companies, banks, hedge funds, and large proprietary trading firms, dominates the market, in part because the physical power firms typically operate in only one or two regions. He launched three congestion trading teams for the firm, including in California and Texas after those states introduced congestion trading in 2008 and 2010, respectively. Citadel, along with Susquehanna International Group and Tower Research, has been involved in FTR trading since the market's infancy. Volatility has been increasing on the power grid, in part because of changing weather patterns, Jeev added.
Persons: Kumar Jeev, Jane Street, Richard Roseblade, who's, There's, Roseblade, Bill Clark, Jeev, DC Energy's Tyler Kuhn, DRW, California Al Seib, Brevan Howard, Jane, Stephanie Staska, Staska, couldn't, Joe Biden's, It's, Meredith Angwin, Angwin Organizations: Business, Capital, Midwest, Citadel, Tower Research, Yes Energy, Energy, Anadolu, Getty, Federal Energy Regulatory Commission, FERC, Nasdaq, York Stock Exchange, Nvidia, Johns Hopkins University, DC Energy, Wayfair, Squarepoint, Appian, Boston Energy, Susquehanna International Group, DC, Bloomberg, Commodities, Traders, Wall Street, Workers, GreenHat Energy, JPMorgan, Hill Energy Resource & Services, P, Grid, & $ Locations: Wall, East Coast, DRW, Susquehanna, FTRs, New York, Canada, Texas, Virginia, California, Berlin, Chicago, Oregon, California Al, Ukraine, Russian, Uri, Northern Virginia
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. "Monetary policy now is as tight as it has ever been on the precipice of a recession," he said, barring an exception in 1984. The problem is that the Fed badly misread how long high inflation would linger, prompting it to raise rates much more aggressively than needed. In December, the core inflation print notched an annual 3.2% increase. "In 2019 when they missed by a mere 30 basis points it was enough to get a 75-basis-point mid-cycle adjustment."
Persons: , Brevan Howard, Sully, Jason Cummins, Bloomberg's, Cummins, They've Organizations: Service, Business, Fed
Insider Today: Y Combinator's Demo Day decline
  + stars: | 2023-09-07 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +10 min
Y Combinator's Demo Day, which will wrap up today, was long considered the event for early-stage startups. AdvertisementAdvertisementInvestors front-running Demo Day was previously considered a major faux pas. You might ask yourself: Who cares if startups line up investments before Demo Day? And companies that get investments before Demo Day might regret it in the long run. The new rating system for performance reviews determines pay — and managers were instructed to not share it with employees.
Persons: I've, that's, Madeline Renbarger, haven't, It's, it's, Samantha Lee, Madeline, There's, Martin, Ryan Reynolds, LeBron James, they're, Ed Yardeni, Jeremy Grantham, Brevan Howard, Peter Hornick, Eduardo Munoz, Sapna Chadha, Shopify, Arantza Pena Popo, YIMBYism, Elon Musk, Katy Perry, Hozier, Hayao Miyazaki's, Heidi Tissenbaum's, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, NFL, Tech, Bank, Getty Images, REUTERS, Google, Google Asia Pacific, The Kansas City Chiefs —, Detroit Lions, 48th Toronto, Getty Locations: Wall, Silicon, Silicon Valley, Nevada, The, New York City, San Diego, London, New York
A top exec at Brevan Howard is departing the $35 billion macro fund. The senior exec in charge of luring top investment talent to $35 billion Brevan Howard is leaving. He was also the global head of business development at Izzy Englander's Millennium Management for five years. The $35 billion hedge fund, founded by macro trading billionaire Alan Howard, has struggled with performance this year. Do you have more information about Brevan Howard or other hedge fund performance or talent moves?
Persons: Brevan Howard, Peter Hornick, Brevan, Howard, Izzy Englander's, Hornick, Alan Howard, Alex Morrell Organizations: Brevan, Management, Alpha, Credit Suisse Locations: ExodusPoint
When it was raising fresh money from investors in 2020, one slide on the pitch deck for the hedge fund Schonfeld Strategic Advisors got to the heart of the issue: "Why Schonfeld?" A hedge fund recruiterAmid the weakness, the fund has begun to prune costs. Steve Schonfeld (class of 1977) and Brad Tolkin (class of 1976) attended Roslyn High School in Roslyn Heights, New York. Tolkin told Insider in 2019 that the firm's goal was no less than becoming "the premier equities hedge fund globally." While Steven Schonfeld's 20% annual-return goals would've been ambitious for any sizable hedge fund, returns have also lagged behind peers.
Persons: Israel Englander, Ryan Tolkin, Steve Schonfeld, hasn't, It's, Schonfeld, Quita Ramirez, Trina Geatz, who've, Tolkin, Goldman Sachs, Andrew Fishman, Goldman Sachs —, Steven Schonfeld's, Ryan Tolkin's, Brad Tolkin, Brad, Jeff, Alex Morrell Steve, CJ, Sean, Ryan, Brad Tolkin's, Steven Schonfeld, Ryan —, who's, Steve, Michael Gelband, Michael Englander, Izzy Englander's, Steven, Sharpe, Fishman, Michael Nagle, Colin Lancaster, would've, Brevan Howard, ExodusPoint Organizations: Citadel, Duke, Goldman, Long, Newsday, Schonfeld Securities, Roslyn High School, American Express, Cleveland Cavaliers, Jewish, , Bloomberg, Strategic Partners, Equity, Schonfeld, Nasdaq, Management Locations: Israel, Miami, Stamford , Connecticut, Manhattan, Delta, Duke, Long Island, Roslyn Heights , New York
Goldman Sachs just lost one of its star traders to billionaire Ken Griffin. The move comes amid a fierce talent war for inflation traders. Goldman Sachs just lost one of its stars to billionaire Ken Griffin as demand for inflation traders burns up across Wall Street. Joaquin de Soto, a top inflation trader for Goldman Sachs in London, is heading to Citadel, the $60 billion hedge fund founded by Griffin, according to people familiar with the matter. Trader pay is also skyrocketing due to swelling assets at multistrategy funds like Citadel and Millennium, leading to a war for talent.
Persons: Goldman Sachs, Ken Griffin, Banks, Joaquin de Soto, Griffin, Brevan Howard, De Soto, efinancialcareers, Goldman, they've Organizations: Citadel, Wall, Goldman, Bloomberg, Vali Analytics, BLS, Trader, Millennium Locations: London
Money is pouring into the hedge fund business, adding to a war for talent. Maybe a bunch of NBA or NFL players end up on a trading floor for charity. The war for talent is partly a reflection of hedge-fund performance. My colleague Alex Morrell wrote recently:After years of relative quiet, macro strategies at hedge funds surged back to life in 2022 amid rising interest rates, inflation, and geopolitical convulsions. Writing for Insider recently, hedge-fund recruiter John Pierson said that "the competition for investment talent is escalating, and finding top portfolio managers is no longer a contact sport — it's an all-out war."
Persons: Bloomberg's Nishant Kumar, Maureen Farrell, Rob Copeland, Tom Brady, Steph Curry, Lamar Jackson's, Alex Morrell, Brevan Howard, Rokos, John Pierson Organizations: Millennium, Citadel, Morning, NBA, New York Times, Times, Golden State Warriors, ESPN, NFL, Baltimore Ravens, Premier League
In November, one of the world's most consequential hedge funds announced a shake-up at the top of its power structure. In an internal memo, the founder of Millennium Management, Izzy Englander, said that Bobby Jain would be vacating the co-CIO role. "You can't readily find that managerial experience at other hedge funds and Goldman is a perfect place to look for those people." 8 former Goldman Sachs leaders are now Millennium execsEnglander isn't alone — firms rarely are in the copycat world of multistrats. In a statement to Insider, Abbey Collins, a spokesperson for Goldman Sachs, said, "Goldman Sachs has always been and remains a talent magnet.
Demand for macro portfolio managers remains white hot after a bounceback year in 2022. Millennium recently hired John Curtice from rival ExodusPoint, while Ben Melkman has been in talks to join another, Insider has learned. Millennium Management recently added another star to its stable, lifting a 32-year-old macro PM out of rival ExodusPoint, according to people familiar with the matter. Macro focused funds including BlueCrest, Brevan Howard, and Rokos produced stellar returns as most of the hedge fund industry — especially stock pickers — faltered. But even in late 2022 firms were scrambling to lift out macro PMs, recruiters working in the strategy told Insider.
Rokos Capital, run by Chris Rokos and one of a handful of so-called global macro firms, gained 51% last year. Many macro managers sidestepped tumbling equity markets rocked by fast-paced interest rate hikes and geopolitical turmoil including the war in Ukraine to rank among the hedge fund industry's best performers, data from Hedge Fund Research show. The firm's macro index gained 14.2% while the overall hedge fund index dropped 4.25%, its first loss since 2018. Equity hedge funds, where the bulk of the industry's roughly $3.7 trillion in assets are invested, however fared worse with a 10.4% loss, according to HFR data. Tiger Global Management lost 56% while Whale Rock Capital Management ended the year with a 43% loss and Maverick Capital lost 23%.
In a tumultuous year for BlackRock, its powerful Aladdin business won record new mandates. "2022 was a good litmus test for the BlackRock model vis-a-vis Aladdin," said Cathy Seifert, a senior equity analyst at CFRA Research. Now Sudhir Nair, the longtime BlackRock executive who runs the Aladdin business globally, and his sprawling business face a test: Keeping that momentum. "To get new business, Aladdin may have to sharpen their pencils, despite the fact that I do think they still retain a best-in-class position," Seifert said. Influential rival money managers like Two Sigma, Pimco, State Street, and Amundi have been putting resources behind their own proprietary tech platforms.
But a post-crisis wash of central bank quantitative easing and developed-world interest rates barely above zero sapped the near $7 trillion-a-day global currency markets of the kind of flows that hedge funds thrive on. Similarly, HFR’s HFRI 500 Currency Index, which also tracks these funds, is up 8.29%, its best performance since 2007 and soundly beating the 3.8% rise in a broader hedge fund index. The years of muted volatility culled existing currency hedge funds and deterred the creation of new ones, a process which typically takes 7-8 months. (Currency hedge fund launches and closures )A few stuck it out. It has a $4.5 billion currency fund and a $4.4 multi-asset fund, recent public disclosures showed.
Organizations: & $
Агентство Bloomberg опубликовало список 50 людей с наибольшими достижениями в своей сфере в 2020 годуИздание Bloomberg представило список из 50 человек, достигших самых выдающихся успехов в своей сфере в 2020 году. Перечень состоит из пяти категорий по областям: политика, бизнес, развлечения, финансы, наука и технологии, пишет Сноб. Развлечения:# Билли Айлиш, певица;# Бон Джун Хо, режиссер;# Селеста Барбер, актриса;# Донна Лэнгли, глава Universal Filmed Entertainment Group;# Swizz Beatz и Timbaland;# Сара Купер, комик;# Колин Каперник, активист;# Гай Фьери, ресторатор, писатель и телеведущий;# Джейсон Хехир, документалист;# Рене Монтгомери, активист;# Айя Кьогоку и Хисаши Ногами, руководители Nintendo Co;# Маркус Рашфорд, нападающий «Манчестер Юнайтед». Политика:# Светлана Тихановская, лидер оппоиции в Белоруссии;# Луис Лакалье Поу, президент Уругвая;# Алисия Гарза, Патрис Каллорс и Опал Томети, основательницы движения Black Lives Matter;# Джон Робертс, главный судья Верховного суда США;# Абдалла Хамдук, премьер-министр Судана;# Летисия Джеймс, генеральный прокурор штата Нью-Йорк;# Одунайо Эвенийи и Дамилола Одуфауа, соосновательницы Феминистской коалиции;# Мухаммад ибн Заид Аль Нахайян, наследный принц Абу-Даби;# Мэдисон Коуторн, избранный член палаты представителей конгресса США;# Мариа Ресса, генеральный директор Rappler Inc.;# Цай Инвень, президент Тайваня. Бизнес:# Аврора Джеймс, основательница проекта Fifteen Percent Pledge;# Страйв Масайиа, основатель Econet Group;# Рид Хастингс, глава Netflix;# Сумит Сингх, генеральный директор Chewy Inc.;# Вонг Чинг, генеральный директор Meituan;# Джон Фоли, генеральный директор Peloton Interactive Inc.;# Бюджу Равиндран, основатель и глава Think & Learn Pvt.
Persons: Swizz Beatz Timbaland, Morgan Stanley, Citigroup —, Билли Айлиш, Бон Джун Хо, Селеста Барбер, Донна Лэнгли, Сара Купер, Колин Каперник, Гай Фьери, Джейсон Хехир, Рене Монтгомери, Айя Кьогоку, Хисаши Ноги, Маркус Рашфорд, Светлана Тихановская, Луис Лакалье Поу, Алисия Гарза, Патрис Каллорс, Опал Томети, Джон Робертс, Летисия Джеймс, Одунайо Эвенийи, Дамилола Одуфауа, Мухаммад ибн Заид Аль Нахайян, АбуДаби, Мэдисон Коуторн, Мариа Ресса, Цай Инвень, Аврора Джеймс, Страйв Масайиа, Рид Хастингс, Сумит Сингх, Вонг Чинг, Джон Фоли, Бюджу Равиндран, Вийя, Форрест Ли, Кристалина Георгиева, Джеймс Горман, Байжа Бхатт, Владимир Тенев, Джейн Фрейзер, Алан Ховард, Линда Киркпатрик, Даррен Уильямс, Чанпэн Чжао, Цзэн Юйцюнь, Гвинн Шотвелл, Тим Брэй, Энтони Фаучи, Чон ЮнКен, Келлер Ринаудо Organizations: Bloomberg, Universal, Entertainment, Nintendo, Rappler Inc, Econet, Netflix, Chewy Inc, Interactive, Sea Ltd, Citigroup, Citigroup — —, Howard Asset Management, Mastercard Inc, Southern Bancorp Inc, Binance Holdings, Technology, SpaceX, годуИздание, Сноб, Манчестер Юнайтед, Верховный суд, Феминистская коалиция, Международный валютный фонд, Корейское агентство по контролю и профилактике заболевания Locations: Белоруссия, Уругвай, США, Судан, НьюЙорк, Тайвань, Северная Америка, Белый дом
Total: 18