Vinay Pande, a partner at Brevan Howard Asset Management, is leaving the hedge fund firm, according to two people familiar with the matter.
Mr. Pande’s New York-based team is also leaving the company, the people said, asking not to be identified because the information is private. Mr. Pande, who oversaw the Brevan Howard Strategic Macro Fund, declined to comment. Nagi Kawkabani, a founding partner at Brevan Howard, did not reply to an e-mail seeking comment.
Morgan French, a volatility trader at the firm, and Owen Job, a strategist and assistant to Brevan Howard partner Ben Melkman, are also leaving, two other people familiar with the matter said. Messrs. French and Job declined to comment when reached by Bloomberg. A spokesman for Brevan Howard declined to comment on the people departing the firm.
Several partners have stepped down from their roles at Brevan Howard this year following the first ever annual loss in 2014.
Mr. Pande, a former chief investment adviser at Deutsche Bank had joined Brevan Howard as part of the firm’s expansion in the U.S. in 2012. Mr. Pande managed the macro fund with a team of former market strategists from the bank.