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Former Brevan Howard PM sued over $3.5m in unpaid trading profits
Former Brevan Howard portfolio manager Robert Sicari is facing a lawsuit from a quantitative researcher who claims he was denied up to $3.5m in trading profits and an equity stake in a hedge fund they established after leaving the firm, according to a report by Bloomberg. Wooyoung Hong, who previously worked under Sicari at Brevan Howard, filed a complaint in New York State Supreme Court alleging that Sicari failed to honour a compensation agreement at ThirtyPark Capital, a fund launched following their departures from Brevan Howard in 2024. Hong claims he was promised 50% of the profits gener