• Brevan Howard has hired Kevin Hu, a Dragonfly Capital veteran, as its Digital Portfolio Manager.
• Hu will be based in Brevan Howard’s Abu Dhabi office and will report to BH Digital CEO Gautam Sharma.
• Brevan Howard created its Brevan Howard Digital division in September 2021 to give institutional investors access to blockchain-related investment opportunities.

Brevan Howard, one of the world’s largest traditional finance giants, has recently announced the hiring of Kevin Hu, a Dragonfly Capital veteran, as its Digital Portfolio Manager. The hire marks a major move for the firm as it looks to expand its digital assets arm and offer institutional investors access to blockchain-related investment opportunities.

Hu will be based in Brevan Howard’s newly opened office in Abu Dhabi and will report to BH Digital CEO Gautam Sharma. Prior to joining Brevan Howard, Hu spent three years as an associate at BlackRock with the Alternative Investment Group and two years as a general partner and head of liquid strategy at Dragonfly Capital.

The addition of Hu is part of a wave of senior hires for the firm’s digital assets arm. Last September, Brevan Howard Digital was created to target the growing demand for blockchain and cryptocurrency related investments. The firm has since raised at least $1 billion for a record-breaking crypto hedge fund, which has been largely successful despite the volatility of the crypto market. According to Bloomberg, the fund had only lost 5% of its value despite the market conditions.

With the addition of Hu, Brevan Howard is furthering its commitment to providing institutional investors with access to blockchain-related investment opportunities. As the industry continues to grow, Brevan Howard is well-positioned to capitalize on the potential opportunities the blockchain space has to offer.