Brevan Howard Hiring
Brevan Howard Hiring, Expanding in New York
Brevan Howard, Alan Howard's massive hedge fund, is expanding its presence in the Big Apple after a period of relative dormancy during the financial crisis. The $38 billion hedge fund is looking to boost hiring in New York and take advantage of the "blood in the streets" after other hedge funds and investment banks laid off many talented traders.
The $39 billion firm, run by billionaire Alan Howard, is seeking traders for its New York office after adding 14 people to its U.S. unit in the past five months, four people familiar with the matter said. Among those recently hired by London-based Brevan Howard are Don Carson, who ran Credit Suisse Group AG’s U.S. dollar swaps desk, Josh Bertman, a mortgage trader from the Zurich bank, and strategists from Deutsche Bank AG.
Brevan Howard, whose U.S. unit expanded to 16 people last month from two in June, is hiring as Wall Street banks shrink or eliminate trading desks and hedge funds struggle to profit from Europe’s sovereign-debt crisis and other global economic trends. The firm, whose main fund is on track for its second-worst year, is expanding to gain more insight into U.S. markets, attract traders and give employees the opportunity to relocate to New York, said one person with knowledge of the matter, who like the others asked not to be named because the information is private.
“Expanding in New York at this time is a smart move given how there’s a lot of blood on the street as banks and hedge funds cut talent,” said Gustavo Dolfino, president of New York- based recruitment firm WhiteRock Group LLC. “Some of the hot strategies right now include global macro and commodities.” Source
Related to: Brevan Howard Hiring
Tags: Brevan Howard Hiring, Brevan Howard Hiring 2012, Brevan Howard Hiring jobs, Brevan Howard Hiring analysts, Brevan Howard Hiring traders, hedge fund hiring, Brevan Howard Jobs, Brevan Howard Job Listing, Brevan Howard New York, Career
