9AT: BREVAN HOWARD US INVESTMENT MANAGEMENT LP

BREVAN HOWARD US INVESTMENT MANAGEMENT LP

BREVAN HOWARD US INVESTMENT MANAGEMENT LP

Adviser Profile

As of Date	05/26/2026
Registration	SEC, Approved, 06/14/2012
ADV Location	NEW YORK, NY, United States
Contact Info	212 xxxxxxx
Websites

AUM^*	34,393,420,451 93%
of that, discretionary	34,393,420,451 93%
Number of Employees	228 -24%
of those in investment advisory functions	114 -11%
Private Fund GAV^*	0
Avg Account Size	3,439,342,045 151%
SMA’s	No
Private Funds	0

Adviser Type

- Large advisory firm

Client Types

- Pooled investment vehicles
- State or municipal government entities

Advisory Activities

- Portfolio management for pooled investment vehicles
- Portfolio management for businesses

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Reported AUM

34B 29B 25B 20B 15B 10B 5B

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026

Discretionary

Non-discretionary

Private Funds

No private funds

Employees

Brochure Summary

Overview

(A) Operational and Organizational Information. Brevan Howard US Investment Management, LP, (“BHUSIM” or the “Firm”), a Delaware limited partnership, is an investment adviser registered with the SEC and was founded on April 30, 2012. BHUSIM is principally owned by BHUS Holdings LLC, which is indirectly owned and controlled by Brevan Howard Capital Management LP (“BHCM”), a limited partnership located in Jersey, Channel Islands. BHCM is the principal manager of the Brevan Howard group of affiliated investment managers founded in 2002 (“Brevan Howard”), of which Alan Howard is the principal owner. (B) Types of Advisory Services Offered. BHUSIM provides investment management services on a discretionary basis for private pooled investment vehicles and separately managed accounts. BHUSIM manages assets across a number of diversified strategies, predominantly focusing on global fixed income and foreign exchange markets.

BHUSIM trades a wide variety of products and instruments, including, among others, derivative instruments, interest rates, currencies, equities, commodities, debt securities, and digital assets to effect its Clients’ investment objectives. (C) Client Investment Guidelines and Parameters. BHUSIM tailors its investment management services to the investment objectives of its Clients. These objectives are described in the offering documentation for its pooled investment vehicle Clients. Clients may impose restrictions on investing in certain securities, instruments or strategies. Any such investment restrictions are agreed with each Client on a case-by-case basis. (D) Wrap Fee Programs. The Firm does not participate in wrap fee programs. (E) Assets Under Management. The Firm manages all Client assets on a discretionary basis. The value of Regulatory Assets Under Management of the Client assets managed by BHUSIM on a discretionary basis as at December 31, 2023 is $ 17,811,950,748. BHUSIM does not manage any Client assets on a non-discretionary basis.