Key Takeaways
- • Brevan Howard Asset Management has added Tekmerion Capital Management's macro hedge fund to its platform, with Tekmerion's systematic macro team set to manage both its own capital and money for other Brevan Howard funds, according to Bloomberg.
- • Tekmerion Co-Founders Zachary Squire and Reed Morrissey are joining Brevan Howard alongside Partner Jay Dweck and Operations Director Eric Gelsinger, per people familiar with the deal cited by Bloomberg.
- • The team will run the BH-Tekmerion Fund and manage money for Brevan Howard's master and alpha strategies.
- • Squire, Tekmerion's CIO, has managed a commodity trading adviser fund for Brevan Howard since December 2022; that fund is expected to close when the team joins next month.
Summary
Brevan Howard Asset Management has added Tekmerion Capital Management's macro hedge fund to its platform, according to a report by Bloomberg. Under the arrangement, Tekmerion's systematic macro team will manage both its own capital and money for other Brevan Howard funds.
The Bloomberg report, citing people familiar with the deal, says Tekmerion co-founders Zachary Squire and Reed Morrissey are joining Brevan Howard, along with Partner Jay Dweck and Operations Director Eric Gelsinger. The group will run the BH-Tekmerion Fund and will also manage money for Brevan Howard's master and alpha strategies.
Squire, Tekmerion's Chief Investment Officer, previously worked at Bridgewater Associates alongside Morrissey and Dweck. He has managed a commodity trading adviser fund for Brevan Howard since December 2022. That fund is expected to close when the team joins next month.
The Bloomberg report, citing people familiar with the deal, says Tekmerion co-founders Zachary Squire and Reed Morrissey are joining Brevan Howard, along with Partner Jay Dweck and Operations Director Eric Gelsinger. The group will run the BH-Tekmerion Fund and will also manage money for Brevan Howard's master and alpha strategies.
Squire, Tekmerion's Chief Investment Officer, previously worked at Bridgewater Associates alongside Morrissey and Dweck. He has managed a commodity trading adviser fund for Brevan Howard since December 2022. That fund is expected to close when the team joins next month.
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.