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Brevan Howard Taps Talent From Jump Capital and Gemini for New Crypto Unit

The European hedge fund has now expanded its team to more than 30 employees and 12 portfolio managers, Bloomberg reported.

By Tanzeel Akhtar
AccessTimeIconJan 28, 2022 at 3:33 p.m. UTC
Updated May 11, 2023 at 5:56 p.m. UTC
The offices of Brevan Howard Asset Management in London, U.K. (Jason Alden/Bloomberg via Getty Images
The offices of Brevan Howard Asset Management in London, U.K. (Jason Alden/Bloomberg via Getty Images
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Hedge fund manager Brevan Howard is continuing to ramp up its crypto business, hiring Jump Capital partner Peter Johnson as a portfolio manager and Gemini Trust’s former head of security Cem Paya, according to a Bloomberg report.

  • Brevan Howard is gearing up for direct investments in crypto and is forming a crypto-focused division called BH Digital.
  • A spokesperson confirmed the hires but was unable to provide additional information.
  • In September, the firm announced Colleen Sullivan, a co-founder and former CEO of CMT Digital, will lead its investments in crypto.
  • The new crypto business so far has more than 30 employees and 12 portfolio managers, Bloomberg reported, citing a person familiar with the matter.
  • In April, it was reported the European hedge fund was planning to allocate up to 1.5% of its main fund (worth $5.6 billion at the time) to direct exposure in cryptocurrency.
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    • Read more: Brevan Howard Appoints Former CMT Digital CEO Colleen Sullivan to Lead Crypto Investments

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    Tanzeel Akhtar
    Tanzeel Akhtar

    Tanzeel Akhtar is a reporter based in London,UK.

    Follow @Tanzeel_Akhtar on Twitter

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