David Warren’s second vehicle expands the firm’s reach into a hot market.
|David Warren (Photo: Bloomberg)|
Warren manages about $4 billion in corporate credit and mortgage and asset backed securities at DW Investment Management in New York, which runs money exclusively for $34.2 billion London-based Brevan Howard Capital Management. He’s adding to that with the March 1 launch of his second vehicle, the Brevan Howard Credit Value Fund.
Unlike the existing Brevan Howard Credit Catalysts fund, the new offering will “seek to deploy