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Rokos Capital To Launch $3 Billion Hedge Fund This Fall

Former Brevan Howard wunderkind Chris Rokos is about to strike out on his own.

Forty-four-year-old Chris Rokos, a trader who earned $4 billion in profits for a Brevan Howard macro fund between 2004 and 2012, is ready to spread his wings with well over $500 million in seed capital. He founded his new firm, Rokos Capital Management, in early spring this year after concluding a legal tussle with his ex-employer.

Rokos Capital is expected to launch within the next two or three months, according to knowledgeable sources, assuming approval by regulatory agencies. The firm has a fund raising target of $3 billion for the macro hedge fund.

Macro funds bouncing back this year