Key Takeaways
- • Brevan Howard appointed Jon Freedman as head of risk and middle office IT for its London operations, effective January 2023, bringing technology and operational leadership to the firm's infrastructure.
- • Freedman joined from Point72, where he spent 18 months as a senior macro strategist before departing in December 2022, adding macro market expertise to Brevan Howard's risk management function.
- • The hire underscores Brevan Howard's strategic focus on strengthening its technology and controls infrastructure during 2023, following departures of seven senior technologists from the firm.
- • Freedman brings quantitative finance experience from his tenure as a quantitative analyst at Millennium Management (May 2018–May 2021), spanning both traditional hedge fund and macro strategy roles.
- • The appointment signals Brevan Howard's recruitment expansion, with the firm actively hiring for 17 roles across multiple teams to rebuild technical and operational capabilities.
Summary
Brevan Howard has appointed Jon Freedman as head of risk and middle office IT for its London-based operations, effective January 2023. The hire represents a strategic move by the macro hedge fund to reinforce its technology and operational risk infrastructure after recent staffing transitions. Freedman departed Point72 in December 2022, where he held the title of senior macro strategist for 18 months, bringing direct experience in quantitative analysis and macro trading strategies to his new role.
Freedman's professional background spans multiple tiers of the hedge fund industry. Prior to Point72, he worked as a quantitative analyst at Millennium Management for nearly three years, departing in May 2021. His dual expertise in quantitative methodologies and macro strategy positioning positions him to oversee both the technical infrastructure and risk governance frameworks essential to Brevan Howard's operations.
The appointment occurs within a broader context of Brevan Howard strengthening its technology and controls function during 2023. The firm has previously experienced departures of seven senior technologists, making the recruitment of experienced technical leadership a priority. According to multiple sources, Brevan Howard is actively recruiting for 17 roles across various teams, indicating a comprehensive talent rebuild across technology, risk management, and middle office functions.
The hire reflects broader industry dynamics in which hedge funds have begun competing with investment banks for specialized technology talent. Freedman's LinkedIn profile and publisher sources confirm his active recruitment efforts for multiple roles across his teams at Brevan Howard, suggesting an expanded mandate beyond risk management alone. This staffing expansion aligns with the firm's apparent strategic objective to modernize and fortify operational resilience across its London headquarters.
Freedman's professional background spans multiple tiers of the hedge fund industry. Prior to Point72, he worked as a quantitative analyst at Millennium Management for nearly three years, departing in May 2021. His dual expertise in quantitative methodologies and macro strategy positioning positions him to oversee both the technical infrastructure and risk governance frameworks essential to Brevan Howard's operations.
The appointment occurs within a broader context of Brevan Howard strengthening its technology and controls function during 2023. The firm has previously experienced departures of seven senior technologists, making the recruitment of experienced technical leadership a priority. According to multiple sources, Brevan Howard is actively recruiting for 17 roles across various teams, indicating a comprehensive talent rebuild across technology, risk management, and middle office functions.
The hire reflects broader industry dynamics in which hedge funds have begun competing with investment banks for specialized technology talent. Freedman's LinkedIn profile and publisher sources confirm his active recruitment efforts for multiple roles across his teams at Brevan Howard, suggesting an expanded mandate beyond risk management alone. This staffing expansion aligns with the firm's apparent strategic objective to modernize and fortify operational resilience across its London headquarters.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.