Brevan Howard Has a Plan to Outlast Its Billionaire Founder

  • New CEO Aron Landy tasked to transform the macro trading firm
  • Alan Howard has given up management fully to focus on trading
Aron Landy at the Brevan Howard offices in London, Jan. 22.Photographer: Hollie Adams/Bloomberg
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Alan Howard is synonymous with the hedge fund he founded nearly two decades ago. His chief executive officer is on a mission to change that.

Aron Landy, who replaced the billionaire at the helm of Brevan Howard just over a year ago, is shifting the famed macro investing firm away from being a founder-led hedge fund toward a broader financial-services operation, readying it to survive beyond the man whose name is above the door.