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Brevan Howard Taps Talent From Jump Capital and Gemini for New Crypto Unit

The European hedge fund has now expanded its team to more than 30 employees and 12 portfolio managers, Bloomberg reported.

Updated May 11, 2023, 5:56 p.m. Published Jan 28, 2022, 3:33 p.m.

The offices of Brevan Howard Asset Management in London, U.K. (Jason Alden/Bloomberg via Getty Images

Hedge fund manager Brevan Howard is continuing to ramp up its crypto business, hiring Jump Capital partner Peter Johnson as a portfolio manager and Gemini Trust’s former head of security Cem Paya, according to a Bloomberg report.

Brevan Howard is gearing up for direct investments in crypto and is forming a crypto-focused division called BH Digital.
A spokesperson confirmed the hires but was unable to provide additional information.
In September, the firm announced Colleen Sullivan, a co-founder and former CEO of CMT Digital, will lead its investments in crypto.
The new crypto business so far has more than 30 employees and 12 portfolio managers, Bloomberg reported, citing a person familiar with the matter.
In April, it was reported the European hedge fund was planning to allocate up to 1.5% of its main fund (worth $5.6 billion at the time) to direct exposure in cryptocurrency.

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Asset Management Brevan Howard Hedge Fund Hiring

Tanzeel Akhtar

Tanzeel Akhtar has contributed to The Wall Street Journal, BBC, Bloomberg, CNBC, Forbes Africa, Financial Times, The Street, Citywire, Investing.com, Euromoney, Yahoo! Finance, Benzinga, Kitco News, African Business Magazine, Hedge Week, Campden Family Office, Modern Investor, Spear's Wealth Management Magazine, Global Investor, ETF.com, ETF Stream, CIO UK, Funds Global Asia, Portfolio Institutional, Interactive Investor, Bitcoin Magazine, CryptoNews.com, Bitcoin.com, The Local, The Next Web, Mining Journal, Money Marketing, Marketing Week and more. Tanzeel trained as a foreign correspondent at the University of Helsinki, Finland and newspaper journalist at the University of Central Lancashire, UK. She holds a BA (Honours) in English Literature from the Manchester Metropolitan University, UK and completed a semester abroad as an ERASMUS student at the National and Kapodistrian University of Athens, Greece. She is NCTJ Qualified - Media Law, Public Administration and passed the Shorthand 100WPM with distinction. She does not currently hold value in any digital currencies or projects.