Brevan Howard Asset Control is taking up a long-short hedge fund run through Dragonfly Capital, a crypto funding company, in the most recent signal of its push into electronic property.

The Jersey, Channel Islands-based company that has some $30 billion in property below control has entered into an settlement to think an actively-managed Dragonfly fund, in step with other folks aware of the topic who requested now not be named as a result of they weren’t licensed to proportion details about the transaction.

The Liquid Alternatives fund used to be based in June 2021 and controlled through Kevin Hu, Ashwin Ramachandran and Lawrence Diao. The fund will now perform …

Supply Via https://information.bloomberglaw.com/crypto/brevan-howard-continues-digital-push-with-crypto-fund-takeover