Hedge Funds

Brevan Howard partner pay surges to £147m after bumper year

Brevan Howard's revenue more than doubled for the year to 31 March 2023

Monday 15 January 2024 at 03:37

Alan Howard, founder of Brevan Howard, is one of the UK's richest people
Alan Howard, founder of Brevan Howard, is one of the UK's richest people Photo: Bloomberg via Getty Images

Brevan Howard hiked pay for its top partners to £147m last year as revenue surged at the hedge fund founded by billionaire Alan Howard.

A jump in fee income saw revenue surge to £428m in the year to March 2023, according to newly-released accounts on the UK's Companies House. This is up from £143m for the same period a year earlier, prompting a big jump in pay for its members.