$4 Billion Trader to Start Hedge Fund After Settling Suit With Brevan Howard

Bloomberg – Chris Rokos, who generated more than $4 billion as a trader at Brevan Howard Asset Management, will start his own hedge fund with the backing of his former employer after settling a lawsuit against the firm.

Rokos, who co-founded Brevan Howard with billionaire Alan Howard and three other traders in 2002, will start the fund later this year, he and Brevan Howard said in a joint statement. Brevan Howard said it will take “a financial interest” in the venture, without giving details.

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