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Brevan Howard Appoints Former CMT Digital CEO Colleen Sullivan to Lead Crypto Investments

The hedge fund manager is also forming a new crypto-focused division called BH Digital.

By Jamie Crawley
AccessTimeIconSep 13, 2021 at 8:23 a.m. UTC
Updated May 11, 2023 at 4:14 p.m. UTC
Right to left: CoinDesk reporter Anna Baydakova and former CMT Digital CEO Colleen Sullivan.
Right to left: CoinDesk reporter Anna Baydakova and former CMT Digital CEO Colleen Sullivan.
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Hedge fund manager Brevan Howard named Colleen Sullivan, a co-founder and former CEO of CMT Digital, to lead its investments in crypto. She will join Brevan Howard shortly, the firm said in an email Monday.

  • Sullivan stepped down as CEO of CMT Digital, the investment arm of Chicago proprietary trading firm CMT Group, last month.
  • Brevan Howard is also forming a new crypto-focused division called BH Digital.
  • It was reported in April that the fund manager was planning to allocate up to 1.5% of its main fund (worth $5.6 billion at the time) to direct exposure in cryptocurrency.
  • CMT Digital had invested in several large crypto firms, such as crypto derivatives platform ErisX, crypto lender BlockFi, crypto-friendly Silvergate Bank and crypto venture capital pioneer Polychain Capital.
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    Jamie Crawley
    Jamie Crawley

    Jamie Crawley is a CoinDesk news reporter based in London.

    Follow @JamieCrawleyCD on Twitter

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