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Brevan Howard Partners Share $133 Million Payout, Times Says

Brevan Howard Asset Management LLP, Europe’s biggest hedge-fund manager, paid 45 partners a total of 86.1 million pounds ($133 million) for the eight months to March 2009, the London-based Times reported, citing accounts filed last week at Companies House.

The period covered, which included the financial crisis triggered by the collapse of Lehman Brothers Holdings Inc., saw Brevan Howard increase its assets under management to $31.8 billion and generate a 19 percent return for its investors, the newspaper said.