Thursday, 8th January 2009

 

Brevan Howard recruits high-profile names

Brevan Howard Asset Management, Europe’s largest hedge fund manager with $26bn (€18.9bn) of assets, has hired several high-profile names this year, according to public records.

Philippe Lespinard, formerly the deputy chief executive at fixed income specialist Fischer Francis Trees & Watts, has joined as a partner.

Vilas Gadkari, a founder of Rubicon Fund Management in London and formerly chief investment officer at Salomon Brothers Asset Management, has joined the firm to co-manage an Indian equities portfolio with Rommie Bhutani, a portfolio manager formerly at Credit Suisse.

Krishnan Sadasivam, a co-founder of hedge fund KDA Capital and formerly a fund manager at Fidelity International, has also joined the firm and is understood to be involved with the India fund. The portfolio is not yet open to investors, according to a source familiar with the situation.

Luigi Buttiglione has joined the firm from Fortress Investment Group as head of global strategy.

Tim Whyte has joined the firm as a trader from hedge fund Sofaer Capital, where he managed a natural resources fund. Magnus Olsson and Ryan Kennelly have joined from London & Capital, where they worked on funds of hedge funds.

The hedge fund has hired several analysts and traders in the past six months, according to the Financial Services Authority Register. Brevan Howard declined to comment.

Tags: Brevan Howard Asset Management , Hedge Funds

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Mayfair goes Modern

Sebastian + Barquet, a three-year old design gallery based in New York and Chelsea, is opening a new gallery showing museum quality pieces in Mayfair next month, the first in London to focus on international modernism from the 1940s to the 1960s. Its opening exhibition is dedicated to American modernist design and is curated by celebrated architect Eric Parry.

Rich Monitor

UK millionaire to auction Tiny Dancer - £12m estimate

A bronze version of impressionist artist Edgar Degas' most famous sculpture is being sold by one of the UK's wealthiest men, expected to reach a high estimate of £12m ($17.6m) next month.

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