London based Hedge Fund donates £20m to set up research centre
In Brief
A London-based Hedge Fund, Brevan Howard, have decided to donate £20.1 million ($30 million) to Imperial College in order to set up a finance research centre after them.
The money will be given to the Business School at Imperial; the founder of the hedge fund, Alan Howard, studied Chemical Engineering at Imperial.
The research centre will be named the Brevan Howard Centre for Finance. The focus of the research centre has not yet been decided, it is thought to incorporate the changes in the financial industry subsequent to the economic crisis. Mr Howard commented “I think the crisis has generated a different set of questions that have traditionally been taught in Business School.”
The hedge fund was founded by Brevan Howard in 2002,it manages approximately $39 billion. Last year, the Sunday times estimated that Mr. Howard’s personal wealth is about $2,2 billion.
Man went haaaaaaard ,Kudos for the great job on Stern. Grew up listening to your Dad and after herinag you Thursday morning I love the fun innocence in your voice. This will give you some really good exposure. You handled it with great composure. Hard to believe how you have grown up so fast or worse yet.. that I have grown old as quickly. Thank you for doing the show!,I was so excited to hear you on Howard this moinnrg. I heard your music a couple years ago and loved it, but could never find it anywhere. After listening to your interview, I went directly to iTunes and downloaded your single. I look forward hearing a lot more! You are a very smart girl;I could tell by the way you handled yourself this moinnrg!