Millennium has expanded its team in London with the recruitment of a veteran Portfolio Manager from multi-strategy rival Citadel, and two technologists from G-Research and BlueCove, according to a report by eFinancial Careers.
The appointments come after the firm reported a 10% YTD return up to the end of October — decent compared to competitors like ExodusPoint, but trailing Schonfeld’s 15.5% gain over the same period.
Elad Pashtan, who has joined Millennium as a Senior PM specialising in fixed income, brings seven years of experience from Citadel, where he served as an economist before transitioning to a PM role. Prior to Citadel, he spent three years at Goldman Sachs as both an equity strategist and economist.
Jocelyn Hickson and Liam Falconer have also joined the firm as software engineers in London. Hickson spent a decade at Winton and later led post-trade analytics at G-Research, with his most recent role focused on tech modernisation at Ruffer. Falconer previously worked at BlueCove, a quantitative hedge fund, for six years.