Bloomberg – Brevan Howard Asset Management LLP, Europe’s second-largest hedge fund, has opened a U.S. investment firm that will start trading in August with an estimated $300 million.
Brevan Howard U.S. Investment Management LP was set up in New York last month and is registered with the Securities and Exchange Commission, the hedge fund said in a statement today. It will start investing money provided by Brevan Howard’s Master Fund in August, the company said.