Brevan Howard Hires Crypto Investment Head

Share Article
In Brief
  • CEO and co-founder of CMT Digital Colleen Sullivan will lead the cryptocurrency investment activities for hedge fund Brevan Howard.

  • Sullivan will also chair the investment committee for a new strategy focused on crypto technology.

  • Additionally, Brevan Howard announced the establishment of BH Digital, a new unit for specifically managing cryptocurrency and digital assets.

  • promo

    Stake your points and qualify for the 200,000 USDT prize pool. Start staking now!

The Trust Project is an international consortium of news organizations building standards of transparency.

CEO and co-founder of CMT Digital Colleen Sullivan will lead the cryptocurrency investment activities for hedge fund Brevan Howard.

Sponsored



Sponsored

Besides leading the firm’s private and venture investments in crypto, Sullivan will also chair the investment committee for a new strategy focused on crypto technology. She specialized in crypto-asset trading and blockchain technology investments at trading firm CMT. 

“Colleen’s exceptional track record in making highly successful crypto venture investments 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,” Brevan CEO Aron Landy said.

Sponsored



Sponsored

Additionally, Brevan Howard announced the establishment of BH Digital, a new unit for specifically managing cryptocurrency and digital assets. With the creation of BH Digital, the London-based firm said it aims to expand its reach in the crypto market. 

Brevan Howard and crypto

The new unit is in lieu with the amended approach Brevan Howard is taking to cryptocurrencies this year. For instance, earlier this year, the firm announced it would start by investing up to 1.5% of its $5.6 billion main hedge fund in digital assets. The announcement added that the fund would focus on a wide range of digital assets beyond bitcoin.

Despite being the firm’s first major foray into crypto investing, Brevan Howard had been preparing to do so for some time. Over the last few years, the hedge fund had been developing its digital trading technologies. It was also assessing the sector’s suitability for investors. However, by the end of last year, the firm felt the industry was mature enough to begin investing into.

The hedge fund’s co-founder Alan Howard is a known crypto enthusiast himself, having personally invested in Bitcoin. The firm also recently acquired a 25% stake in One River Asset Management, a $2.5 billion firm with crypto funds backed by Howard

Disclaimer

All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.
Sponsored
Share Article

Nick is a data scientist who teaches economics and communication in Budapest, Hungary, where he received a BA in Political Science and Economics and an MSc in Business Analytics from CEU. He has been writing about cryptocurrency and blockchain technology since 2018, and is intrigued by its potential economic and political usage. He can best be described as an optimistic center-left skeptic.

Follow Author

Limited offer! Learn to mine and trade crypto today for free

Join

Earn up to $10,000 USD every week in CoinFLEX AMM+ Arena!

Earn Now

Be our Supreme Scorer and qualify for a grand prize pool of 200,000 USDT!

Join