Billionaire Alan Howard Paid $76 Million as Hedge Fund Rebounds
- Brevan Howard’s fee income rose to 169 million pounds
- Assets under management have swelled from lows in recent years
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Billionaire Alan Howard’s payouts almost doubled in the year through March 2021 as the hedge fund firm he co-founded bounced back from years of outflows.
Brevan Howard Asset Management LLP paid him 55.8 million pound ($76.1 million), up from 29.9 million pound in the previous 12-month period, according to filing with the U.K.’s Companies House. Fee income at the firm soared to 169 million pounds from 86.7 million pounds, the filing shows.