Chris Rokos Said to Raise $3.5 Billion for Macro Hedge Fund
- Rokos said closing fund to new money at start of February
- Fund started with backing from Blackstone Group last year
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Chris Rokos, the Brevan Howard Asset Management co-founder who started his own investment firm last year, will be managing $3.5 billion by the end of this month in one of the largest hedge-fund startups, according to a person with knowledge of the matter.
The 45-year-old money manager, who has hired about 60 people for the fund, will stop accepting new money at the start of February for at least a year, said the person, asking not to be identified because the information is private. Rokos Capital Management opened in September and was overseeing about $1 billion within a month, with half coming from Rokos’s own funds and the remainder from Blackstone Group, people with knowledge of the matter said in November.