Brevan Howard U.K. Unit Paid Partners $99 Million
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Brevan Howard Asset Management LLP, the U.K. unit of Europe’s largest closely held hedge-fund firm, paid its partners as much as 60.4 million pounds ($99 million) for the year through March, according to a corporate filing.
The highest paid partner, who wasn’t identified, received 39.4 million pounds, down from 78.9 million pounds a year earlier, according to the filing posted on the U.K. Companies House website yesterday. The U.K. unit had 46 designated members in that period, meaning each partner received an average pay of as much as 1.31 million pounds.