Brevan Taps Fortress Vet Schaumann For Risk

Oct 23 2014 | 5:06am ET

Brevan Howard Asset Management has turned to a former Fortress Investment Group executive to lead its risk business.

The New York Post reports that Hilmar Schaumann was named head of risk at Brevan on Oct. 1.

Prior to his time at Fortress, which he joined in 2010, Schaumann—a Deutsche Bank veteran—ran his own hedge fund, Deister Capital.

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