Key Takeaways
- • Andrew Dausch, a former Goldman Sachs proprietary trader who joined Brevan Howard Asset Management's flagship Master Fund in 2011, departed the hedge fund on January 11, 2017, according to UK Financial Services Register filings.
- • Dausch was one of a small cohort of Goldman prop traders recruited to Brevan Howard during the 2011 period, reflecting broader talent migration from investment banks to macro-focused hedge funds following regulatory constraints on proprietary trading.
- • Brevan Howard declined to comment on the departure, and no official statement regarding Dausch's reasons for leaving or subsequent career plans has been disclosed.
- • The departure adds to a pattern of trader exits at Brevan Howard, including prior departures of rates traders and other portfolio managers from the $34–$35 billion global macro hedge fund.
Summary
Andrew Dausch, a proprietary trader from Goldman Sachs, has exited Brevan Howard Asset Management, one of the world's largest global macro hedge funds. According to UK Financial Services Register records, Dausch departed on January 11, 2017. He had been with Brevan Howard since 2011, when he joined the firm's flagship Master Fund as part of a small group of former Goldman prop traders recruited during that period.
Brevan Howard Asset Management, the London-based alternative investment manager overseeing approximately $34–$35 billion in assets, has not publicly disclosed reasons for Dausch's departure. A company spokesman declined to comment on the matter. The exit occurs within a broader context of talent movement at the macro hedge fund, where multiple traders from leading financial institutions have joined and subsequently departed over recent years.
Dausch's departure is consistent with a pattern of trader transitions at Brevan Howard, reflecting both competitive pressures in alternative asset management and the evolving career paths of senior trading talent. The 2011 cohort of Goldman prop traders joining Brevan Howard represented one notable recruitment effort during a period when proprietary trading restrictions under regulatory frameworks such as the Volcker Rule reshaped employment opportunities for professional traders at major investment banks.
Brevan Howard Asset Management, the London-based alternative investment manager overseeing approximately $34–$35 billion in assets, has not publicly disclosed reasons for Dausch's departure. A company spokesman declined to comment on the matter. The exit occurs within a broader context of talent movement at the macro hedge fund, where multiple traders from leading financial institutions have joined and subsequently departed over recent years.
Dausch's departure is consistent with a pattern of trader transitions at Brevan Howard, reflecting both competitive pressures in alternative asset management and the evolving career paths of senior trading talent. The 2011 cohort of Goldman prop traders joining Brevan Howard represented one notable recruitment effort during a period when proprietary trading restrictions under regulatory frameworks such as the Volcker Rule reshaped employment opportunities for professional traders at major investment banks.
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