Brevan Howard — one of the hedge fund industry's biggest names — is shrinking at a rapid rate
Investors in Brevan Howard, one of the hedge fund industry's biggest names, are asking for their money back.
Brevan Howard Asset Management has received redemption requests for an additional $2 billion from the firm's flagship fund this year, according to people familiar with the matter.
A Brevan Howard spokesperson declined to comment.
That fund managed about $13.7 billion as of mid-September, according to HSBC. The latest redemption requests would take the fund down to around $11.7 billio
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