Bloomberg News reports that the company paid $176.4m in compensation, up from $124.8m in the year-earlier period, according to a filing to Companies House. The number of partners averaged 37 in the year, down from 45, after an undisclosed number became employees because of changes to U.K. employment law, a spokesman for Brevan Howard said.
The highest-paid partner received $75.9m, up from $46.7m a year earlier, the filing showed. That partner is a pool of money that is distributed to staff members, the spokesman at Brevan Howard said.
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