Hedge Fund Buys Penso

$27B Hedge Fund Firm Acquires 25% Stake in Penso Advisors
25% stake in Penso Advisors LLC, an advisory firm that manages money
for pension funds, endowments and large investors, has been acquired by
hedge fund Brevan Howard Asset Management, following to Wall Street
Journal report.

The
New York firm, Penso Advisors LLC, helps clients hedge their portfolios
to protect them from crises and