Alan Howard (hedge fund manager)

From WikiProjectMed
Jump to navigation Jump to search

Alan Howard
Born1964 or 1965 (age 59–60)
England
EducationHasmonean Grammar School
Alma materImperial College London
OccupationHedge fund manager
Known forCo-founder of Brevan Howard
Spouses
Sabine Howard
(div. 2015)
Caroline Byron
(m. 2020)
Children6

Alan Howard (born 1964 or 1965)[1] is a British billionaire hedge fund manager and co-founder of Brevan Howard Asset Management LLP.[2] In February 2013, Forbes listed him as one of the 40 highest-earning hedge fund managers.[3] In 2014, he was ranked 53rd on the UK's Sunday Times Rich List.[4] According to Forbes, as of 2019, Howard's net worth is $1.6 billion.[5]

Early life

He was born in England to a Jewish[1] family, Howard attended Hasmonean Grammar School, Hendon London. After graduating from Imperial College London with a master's degree in engineering,[6] he began his financial career at Salomon Brothers and worked in the ECU eurobond market.[7]

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.[8]

In 2019, Howard stepped down as the CEO of Brevan Howard. He was replaced by then chief risk officer, Aron Landy.[9][10]

In 2020, Howard backed hedge fund One River Digital Asset Management in their purchase of more than $600 million worth of Bitcoin and Ethereum.[11] 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.[12]

Personal life

He was married to Sabine Howard, who is French, and they have four children.[13][14] They divorced in 2015. He married Caroline Byron in January 2020 and they have two children.[15]

In 2010, Howard moved from London to Geneva, Switzerland.[16] Five years later, he purchased a $14.5 million condo in Miami, Florida.[17] In 2017, he returned to London.[18]

Howard has been active in the United Kingdom's Conservative Party circles.[2] Since 2019, he has donated £1.6 million to the party, including a one-off donation of £1 million in the spring of 2023.[19]

Howard founded the Alan Howard Charitable Foundation which until closing in 2010[20] contributed to charities that focused on Israel, Holocaust education and the homeless.[21] Howard continues to support homeless charities.[2]

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.[22][23][24]

In December 2019, Reuters reviewed documents of the Cypriot government which show that Howard requested Cypriot citizenship in 2018.[25]

Lady Gaga performed at his wedding to Caroline Byron.[26]

References

  1. ^ a b Andrew Clark (11 March 2010). "Alan Howard: New billionaire on the block". The Guardian.
  2. ^ a b c "The Business On... Alan Howard, Founder, Brevan Howard". The Independent. 21 September 2011. Archived from the original on 23 September 2011. Retrieved 3 September 2013.
  3. ^ Vardi, Nathan (26 February 2013), "The 40 Highest-Earning Hedge Fund Managers & Traders 2013", Forbes
  4. ^ "2014 Sunday Times Rich List". Archived from the original on 4 August 2017. Retrieved 5 May 2014.
  5. ^ "Alan Howard". Forbes.
  6. ^ "Alan Howard". Forbes. Retrieved 19 March 2013.
  7. ^ ""Alan Howard", Dow Jones Financial News". efinancialnews.com. Retrieved 5 August 2018.
  8. ^ Goldstein, Matthew; Ablan, Jennifer; Wachtel, Katya (10 October 2013). "Top global hedge fund Brevan Howard takes emerging markets hit". Reuters. Retrieved 18 October 2013.
  9. ^ "Brevan Howard founder Alan Howard to step down as CEO". Reuters. 30 October 2019. Retrieved 21 August 2020.
  10. ^ Fletcher, Laurence (29 October 2019). "Alan Howard to step down as Brevan Howard CEO". Financial Times. Retrieved 21 August 2020.
  11. ^ "Bitcoin Whale Emerges With $1 Billion, Alan Howard's Backing". Bloomberg.com. 16 December 2020.
  12. ^ "Bloomberg 50". Bloomberg. 3 December 2020.
  13. ^ "English Billionaire Alan Howard Settles Ownership Dispute Over Painting For $10 Million". Jewish Business News. Retrieved 22 May 2016.
  14. ^ Agnew, Harriet. "Alan Howard moves to Geneva". fnlondon.com. Retrieved 5 August 2018.
  15. ^ "Alan Howard (hedge fund manager) Marriages and Divorces". www.strictlyweddings.com. Retrieved 3 August 2023.
  16. ^ "Alan Howard moves to Geneva" Efinancial News E financial news
  17. ^ Kallergis, Katherine. "British billionaire buys at Faena for $14.5M". The Real Deal. Retrieved 13 February 2016.
  18. ^ Suzy Waite (21 August 2017). "Alan Howard Returns to London After 7 Years in Geneva". Bloomberg LP. Retrieved 20 March 2019.
  19. ^ "Record donations bolster the Tories' election war chest". The Telegraph. 8 June 2023.
  20. ^ "Charity Commission For England and Wales". register-of-charities.charitycommission.gov.uk. Charity Commission. Retrieved 28 June 2022.
  21. ^ The Jewish Chronicle "The JC Power 100: Alan Howard" Archived 4 November 2013 at the Wayback Machine 5 September 2008
  22. ^ "ABOUT THE SERIES". The Alan Howard Foundation/JW3 Speaker Series. Retrieved 4 August 2017.
  23. ^ "ABOUT The Speaker Series". The Alan Howard Foundation/JW3 Speaker Series. Retrieved 4 August 2017.
  24. ^ Cook, James (1 May 2015). "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.'". Business Insider. Retrieved 4 August 2017.
  25. ^ "Exclusive: The Brits who won't Brexit". reuters.com. Reuters. 19 December 2019. Retrieved 20 December 2019.
  26. ^ Elliott-Gibbs, Sam (28 June 2022). "Brit billionaire, 59, marries chef, 33, in lavish wedding as Lady Gaga performed". mirror. Retrieved 18 July 2022.

External links