Brevan Howard cuts staff by 10%

Brevan Howard has cut its staff by about 60 people as its assets have dropped to $25 billion from $33 [Read More]
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Sightings….

Members of the SSARIS hedge fund of funds team that will be joining Investcorp‘s New York office are Andrew Fisch, [Read More]
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Velazquez introduces bill tying Puerto Rican financial crisis to hedge fund disclosure

US House Representative Nydia Velazquez (D-NY) introduced a bill yesterday that ties the fiscal crisis in Puerto Rico to increased [Read More]
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Clwyd Pension selects Man Group’s FRM unit for mandate

Man Group disclosed today that its FRM unit had received a mandate from Clwyd Pension Fund to manage its hedge [Read More]
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Texas Municipal allocates to Alyeska, Graticule, Varde, Myriad, Roystone and Southpoint

Texas Municipal Retirement Fund, which has $23 billion in assets, has invested $405 million to hedge funds, reports Trusted Insight.  [Read More]
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