Brevan Howard, the $32 billion hedge fund group led by Alan
Howard, has published the prospectus ahead of the planned
listing next month on the London Stock Exchange of a new
closed-end feeder vehicle based on its high-performing $1.1
billion Brevan Howard Credit Catalysts Fund.
The flotation of the new BH Credit Catalysts Limited
investment company on the main market of the LSE follows the
firm’s two successful previous listings of the
publicly-listed BH Macro and BH Global closed-end funds
– which run assets of some $2.9 billion.
The underlying Brevan Howard Credit Catalysts Fund is run by
a 22-strong New York-based team led by ex-Morgan Stanley
corporate credit trading head David Warren that span out from
Brevan Howard in June...