Bloomberg – Brevan Howard Asset Management LLP, Europe’s largest hedge-fund firm, limited the flow of money into three funds as client assets approached last year’s high, according to people familiar with matter.
The firm closed its $2 billion Asia Fund and $2.5 billion Emerging Market Strategies Fund to new investors as of Nov. 1, according to three people, who asked not to be identified because the information is private. In October, the London-based firm raised the minimum investment in Brevan Howard Master Fund Ltd., its largest, to $20 million from $1 million.
