Brevan Howard Partner Hillery Said to Exit Role at Hedge Fund
- Hillery to manage own money after six years at Brevan Howard
- Jersey-based firm's main fund up 1% in year through Aug. 28
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Brevan Howard Asset Management’s Mark Hillery has stepped down as a partner at the hedge-fund firm, according to a person familiar with the situation.
Hillery, 50, left the partnership this month, documents filed with the U.K.’s Companies House registry show. Though he’s leaving to manage his own money, he will continue as an adviser to the Jersey-based firm’s funds, the person said, asking not to be identified because the matter is private.