BlueCrest’s 153% Surge Makes Platt a Bigger Billionaire

Even by his recent lofty standards, last year was extraordinary for billionaire Michael Platt.

His private investment firm BlueCrest Capital Management surged 153%, becoming one of 2022’s most successful investors, according to a person with knowledge of the matter who asked not to be identified because the details are private. It’s Platt’s biggest gain by far since he returned outside capital in 2016 to focus on managing his own wealth and that of his partners...

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