Hedge Fund Billionaires Double as Platt Catches Up to Howard

Bloomberg – Seven U.K. hedge fund managers are now worth more than 1 billion pounds ($1.5 billion), up from four executives last year, an annual wealth ranking compiled by the Sunday Times showed.

Alan Howard and Michael Platt, co-founders of Brevan Howard Asset Management and BlueCrest Capital Management respectively, led the hedge fund section of the Sunday Times Rich List 2015 with fortunes of 1.5 billion pounds each. Platt, whose wealth was unchanged from last year, caught up with Howard, whose fortune shrank 100 million pounds after topping the 2014 list.

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