Major UK hedge fund Brevan Howard launches crypto division

Major UK hedge fund Brevan Howard launches crypto division


Brevan Howard, a United Kingdom-based hedge fund, plans to “significantly expand” its cryptocurrency and digital assets, according to a new report from Reuters.

Chief Executive Aron Landy, who has been at Brevan’s helm since its co-founder and long-time crypto backer Alan Howard stepped down in 2019, has stated that the firm has a “commitment to rapidly expanding its platform and offerings in cryptocurrencies and digital assets.” 

Brevan’s strategy going forward with crypto is two-pronged. The firm is launching a new business division, “BH Digital,” to manage its crypto and digital assets and has also hired CMT Digital Chief Executive Colleen Sullivan to lead private and venture investments in crypto.

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Sullivan has led CMT Digital – a CMT Group division focused on crypto trading, blockchain investments, and legal/policy engagement in the industry – since late 2013. At Brevan, she would chair an investment committee dedicated to forging a new strategy focused on crypto technology. Landy has endorsed Sullivan’s “exceptional track record in making highly successful crypto

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