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Brevan Howard Bolsters Crypto Arm as Assets Grow to $250 Million

  • Macro trading hedge fund firm started a digital unit last year
  • Brevan Howard hired Peter Johnson and Cem Paya to expand team
Alan Howard
Alan HowardPhotographer: Hollie Adams/Bloomberg

Brevan Howard Asset Management has bolstered its new crypto unit with capital and staff. 

The macro trading hedge fund firm has committed more than $250 million to its newly created BH Digital business and the venture’s initial fund this month started trading the firm’s money, according to a person with knowledge of the matter. It plans to open to clients’ cash later this year.