Brevan Howard Runs $50 Billion Unit Like BlackRock’s Aladdin
- Coremont counts SoftBank, hedge fund Penso among clients
- Aims to double assets and clients over a three year period
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Brevan Howard is making money for its billionaire co-founder Alan Howard and other partners through more than just hedge fund fees.
The investment firm best known for running macro trading strategies has persuaded the likes of SoftBank Group Corp., hedge fund Penso Advisors and 15 others to use its high-tech operational infrastructure that once only served as the trading backbone for Brevan Howard’s more than $40 billion in assets.