According to Bloomberg, Brevan Howard Asset Management will appoint David Kalk, a former Thiel family office member, as its portfolio manager of a multi-strategy digital asset fund. Kalk previously served as chief investment officer of Reflex Capital and has extensive experience in macro and crypto asset investment. He will join with two members of his original team and continue to be responsible for Brevan Howard's digital asset investment business. In recent years, Brevan Howard has continued to increase the value of the crypto market, and its BH Digital fund recorded annualized earnings of 51.3% last year.