Brevan Howard launches crypto division - reports

UK hedge fund has set up a new unit dubbed BH Digital

Pedro Gonçalves
clock • 1 min read

Hedge fund Brevan Howard plans to "significantly expand" its cryptocurrency and digital assets with the launch of a new unit focused on the industry, according to reports.

Brevan Howard said yesterday that it had created BH Digital to manage its crypto portfolio and had hired Colleen Sullivan to spearhead its private and venture investments in the area. She was the co-founder and head of CMT Digital, a crypto-focused division of CMT Group, the Chicago-based trading firm. Aron Landy, CEO of Brevan Howard, said in a statement that Sullivan's track record in crypto "will be of tremendous benefit to Brevan Howard clients and underscores the firm's commitment to rapidly expanding its platform and offerings in cryptocurrencies and digital assets". El Salvador...

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