Quant hedge fund Engineers Gate is in discussion with both Millennium Management and Point72 Asset Management over a possible acquisition of the business, according to a report by Bloomberg.
Quant hedge fund Engineers Gate is in discussion with both Millennium Management and Point72 Asset Management over a possible acquisition of the business, according to a report by Bloomberg.
Blackstone has an economic interest in Engineers Gate having replaced Canada Pension Plan Investment Board as the firm’s anchor investor in 2020.
The business was founded by former Highbridge Capital Management exec Glenn Dubin in 2014.
