Brevan Howard (Tel Aviv) Ltd

The Tel Aviv office functions primarily as a hub for Brevan Howard Digital, the firm's cryptocurrency and digital-assets division. It houses portfolio managers and quantitative researchers who run both venture-stage investments in blockchain infrastructure and liquid token trading strategies. This marks a deliberate geographic diversification of the digital-assets team beyond the firm's traditional macro trading centers in London and New York.

Investment decisions for digital-assets strategies in Tel Aviv are made by portfolio managers within Brevan Howard Digital, reporting into the global digital-assets leadership. The Tel Aviv entity operates with dedicated risk budgets, giving local PMs direct P&L accountability rather than a purely advisory or execution-support mandate. Alan Howard remains the ultimate principal across all Brevan Howard entities.

The Tel Aviv entity was established primarily for digital-assets investment activities — both venture capital into crypto protocols and liquid token trading. Given Israel's deep talent pool in algorithmic trading and cybersecurity, some team members also contribute to systematic macro research, but the office's mandate centers on Brevan Howard Digital's strategies rather than the flagship macro funds.

Brevan Howard (Tel Aviv) Ltd is registered as an Israeli legal entity. The broader Brevan Howard group is authorized and regulated by the UK's Financial Conduct Authority and equivalent regulatory bodies in its other operating jurisdictions. The Tel Aviv entity conducts trading activities in compliance with local Israeli corporate and securities laws, though detailed regulatory filings are not publicly available.

Brevan Howard recruits primarily from Israel's elite military intelligence units — particularly Unit 8200 — and from the country's cybersecurity and high-frequency trading firms. The firm has hired senior engineers and quants from Israeli startups and established trading firms since 2021, building a team that combines cryptographic expertise with algorithmic trading experience. This mirrors the firm's global approach of hiring specialized PMs and giving them capital allocation authority.