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Billionaire Founder Steps Down After A Stellar Year

Rokos Capital appoints Matthew Sebag-Montefiore as CEO

Billionaire founder steps down after a stellar year

Rokos fund up 206% this year, now worth $179 billion

Rokos Capital has announced that Matthew Sebag-Montefiore will take over as CEO, replacing current Chief Executive Officer Mark Edwards.

Rokos, who co-founded the hedge fund Brevan Howard before launching his own business, will step down from his role after a successful year for the firm.

Under his leadership, Rokos Capital has seen its assets under management grow to $179 billion, with the fund up 206% this year alone.

Sebag-Montefiore joins Rokos from management consultancy, where he was head of European payments. He is a seasoned financial services professional with over two decades of experience in the industry.

Rokos said of the appointment: "Matthew is a highly respected and experienced financial services professional with a proven track record of success. I am confident that he is the right person to lead Rokos Capital into the next phase of its growth." Sebag-Montefiore said: "I am delighted to be joining Rokos Capital and I look forward to working with the team to continue to build on the firm's success." A spokesperson for Rokos declined to comment on whether Edwards had been pushed out of the firm.


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