Hedge fund Brevan Howard's head of commodity strategy is now at Bridgewater

Kobi Platt has departed Brevan Howard to join Bridgewater Associates as a commodities specialist in its New York office on a hybrid arrangement. According to his LinkedIn profile, Platt held the position of head of commodity strategy at Brevan Howard's New York location before the move. Neither Platt nor Brevan Howard provided comment on the departure, though sources confirm the transition has taken place.

Platt's career trajectory reflects deep institutional roots in commodity markets. He joined Brevan Howard in 2024 from Balyasny, where he worked in Texas, and previously held positions at Deep Basin Capital, Taylor Woods Capital, and Tudor. With two decades of oil market experience, Platt represents the type of specialized talent increasingly sought by large institutional investors navigating volatile energy markets in 2026.

At Brevan Howard, Elycia Sherman, a former oil trader at Morgan Stanley, serves as head of commodities and will likely oversee strategy continuity in the absence of a formal replacement announcement. Brevan Howard has been hiring macro portfolio managers throughout 2026 and has shown strength in its equities business, though it lacks a dedicated head of equities function. This suggests the fund is pursuing a broader diversification strategy across asset classes rather than consolidating around commodity markets.

The hire underscores competitive talent dynamics in the commodities space, where oil market expertise commands premium valuations across hedge funds and macro-focused asset managers. Bridgewater's recruitment of Platt signals continued investment in its commodities capability as part of its broader alternative investment platform. Brevan Howard's experience with personnel transitions reflects industry-wide restructuring that began with job cuts last year; the fund has reportedly intensified internal controls over information leakage to media in 2026.