BlueCrest Staff Shared $128 Million in 2016 as Returns Rose

(Bloomberg) BlueCrest Capital Management (UK) LLP, an affiliate of billionaire Michael Platt’s investment firm, paid some senior staff 96.7 million pounds ($128.2 million) last year, according to a filing with Companies House. The payout was up 27 percent on the previous year after the money manager posted a gain of almost 50 percent in 2016, the first year of trading as a family office. Staff at other affiliates may also have received payments. A spokesman declined to comment.

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