Alan Howard (hedge fund manager) explained

Alan Howard
Birth Place:England
Education:Hasmonean Grammar School
Alma Mater:Imperial College London
Occupation:Hedge fund manager
Known For:Co-founder of Brevan Howard
Spouse:
    Children:6

    Alan Howard (born 1964 or 1965) is a British billionaire hedge fund manager and co-founder of Brevan Howard Asset Management LLP.[1] In February 2013, Forbes listed him as one of the 40 highest-earning hedge fund managers. In 2014, he was ranked 53rd on the UK's Sunday Times Rich List.[2] According to Forbes, as of 2019, Howard's net worth is $1.6 billion.[3]

    Early life

    He was born in England to a Jewish[4] family, Howard attended Hasmonean Grammar School, Hendon London. After graduating from Imperial College London with a master's degree in engineering,[5] he began his financial career at Salomon Brothers and worked in the ECU eurobond market.[6]

    Career

    Howard served on the New York Federal Reserve's investor advisory committee on financial markets and is one of a group of financial managers, who on occasion, advised New York Federal Reserve officials on economic policy.[7]

    In 2019, Howard stepped down as the CEO of Brevan Howard. He was replaced by then chief risk officer, Aron Landy.[8] [9]

    In 2020, Howard backed hedge fund One River Digital Asset Management in their purchase of more than $600 million worth of Bitcoin and Ethereum.[10] The fund has commitments that will bring its total holdings of the cryptocurrencies to approximately $1 billion in 2021.

    In 2020, Howard was named in the 50 Most Influential (Bloomberg ranking) People Who Changed Global Business.[11]

    Personal life

    He was married to Sabine Howard, who is French, and they have four children.[12] [13] They divorced in 2015. He married Caroline Byron in January 2020 and they have two children.[14]

    In 2010, Howard moved from London to Geneva, Switzerland.[15] Five years later, he purchased a $14.5 million condo in Miami, Florida.[16] In 2017, he returned to London.[17]

    Howard has been active in the United Kingdom's Conservative Party circles.[1] Since 2019, he has donated £1.6 million to the party, including a one-off donation of £1 million in the spring of 2023.[18]

    Howard founded the Alan Howard Charitable Foundation which until closing in 2010[19] contributed to charities that focused on Israel, Holocaust education and the homeless.[20] Howard continues to support homeless charities.[1]

    In 2014, Howard started The Alan Howard Foundation/JW3 Speaker Series, which is a collection of conversations, talks, and entertainment by leaders and experts in their respective fields. Each event is intended to raise money for the JW3 centre in London.[21] [22] [23]

    In December 2019, Reuters reviewed documents of the Cypriot government which show that Howard requested Cypriot citizenship in 2018.[24]

    Lady Gaga performed at his wedding to Caroline Byron.[25]

    External links

    Notes and References

    1. The Business On... Alan Howard, Founder, Brevan Howard. The Independent. 21 September 2011. https://web.archive.org/web/20110923211329/http://www.independent.co.uk/news/people/news/the-business-on-alan-howard-founder-brevan-howard-2358148.html . 2011-09-23 . limited . live. 3 September 2013.
    2. Web site: 2014 Sunday Times Rich List . https://web.archive.org/web/20170804114615/http://features.thesundaytimes.co.uk/richlist/2014/live/richlist/view/group6/50/rank/#list . dead . 4 August 2017 . 5 May 2014.
    3. Web site: Alan Howard. Forbes.
    4. News: Andrew Clark. Alan Howard: New billionaire on the block. The Guardian. 11 March 2010.
    5. Web site: Alan Howard . Forbes. 19 March 2013.
    6. Web site: "Alan Howard", Dow Jones Financial News. efinancialnews.com. 5 August 2018.
    7. Web site: Top global hedge fund Brevan Howard takes emerging markets hit . Reuters . 10 October 2013 . 18 October 2013 . Goldstein, Matthew . Ablan, Jennifer . Wachtel, Katya.
    8. News: 2019-10-30. Brevan Howard founder Alan Howard to step down as CEO. en. Reuters. 2020-08-21.
    9. News: Fletcher . Laurence . 29 October 2019 . Alan Howard to step down as Brevan Howard CEO . . subscription . 2020-08-21.
    10. Web site: Bitcoin Whale Emerges With $1 Billion, Alan Howard's Backing . Bloomberg.com . en . 16 December 2020.
    11. News: Bloomberg 50. Bloomberg. 3 December 2020 .
    12. News: English Billionaire Alan Howard Settles Ownership Dispute Over Painting For $10 Million. 22 May 2016. Jewish Business News.
    13. Web site: Alan Howard moves to Geneva. Harriet. Agnew. fnlondon.com. 5 August 2018.
    14. Web site: Alan Howard (hedge fund manager) Marriages and Divorces . 2023-08-03 . www.strictlyweddings.com.
    15. http://www.efinancialnews.com/story/2010-06-29/alan-howard-moves-geneva "Alan Howard moves to Geneva" Efinancial News
    16. News: Kallergis. Katherine. British billionaire buys at Faena for $14.5M. 13 February 2016. The Real Deal.
    17. Web site: Alan Howard Returns to London After 7 Years in Geneva. Suzy Waite. 21 August 2017. Bloomberg LP. 20 March 2019.
    18. News: Record donations bolster the Tories' election war chest . The Telegraph . 8 June 2023.
    19. Web site: Charity Commission For England and Wales. register-of-charities.charitycommission.gov.uk. Charity Commission. 28 June 2022.
    20. http://www.thejc.com/jc-power-100/the-jc-power-100-numbers-81-90 The Jewish Chronicle "The JC Power 100: Alan Howard"
    21. Web site: ABOUT THE SERIES. The Alan Howard Foundation/JW3 Speaker Series. 4 August 2017.
    22. Web site: ABOUT The Speaker Series. The Alan Howard Foundation/JW3 Speaker Series. 4 August 2017.
    23. News: Cook. James. Billionaire investor Peter Thiel: 'Always aim for a monopoly. From society's perspective, it's complicated. But from the inside, I always want to have a monopoly.'. 4 August 2017. Business Insider. 1 May 2015.
    24. News: Exclusive: The Brits who won't Brexit. reuters.com. 19 December 2019 . Reuters. 20 December 2019.
    25. Web site: Elliott-Gibbs . Sam . 2022-06-28 . Brit billionaire, 59, marries chef, 33, in lavish wedding as Lady Gaga performed . 2022-07-18 . mirror . en.

    This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Alan Howard (hedge fund manager)".

    Except where otherwise indicated, Everything.Explained.Today is © Copyright 2009-2024, A B Cryer, All Rights Reserved. Cookie policy.