Millennium Management, the world’s largest multi-strategy hedge fund, is making significant strides in its global hiring efforts, with a particular focus on expanding its London equities team, according to a report by eFinancialCareers.
The firm, which currently manages nearly $75bn in assets, has ramped up its workforce, adding 400 people in the last six months alone, a 7% increase. This brings Millennium’s total headcount to 6,100, up from 5,700 in August 2024 and 5,550 at this time last year.
A key sign of Millennium’s ambition in the London equities space is the recent relocation of Peter Santoro, Co-Head of Global Equities, to London in Q4 2025.
Santoro, who continues to co-lead the equities business with New York-based Michael Chung, fills a management void left by the departure of Philip Allison in 2023.
The firm has also made several high-profile hires, including Adrien Delattre, an equity volatility and dispersion PM from Eisler, and Antoine Foucher and Sooraj Mahesh, who joined from North Rock.
Foucher now heads Millennium’s Equities Advisory for Europe, while Mahesh assumes the role of portfolio manager. These moves follow last year’s recruitment of Jonathan Ackerley, North Rock’s former head of European business development.
Santoro’s leadership has been key to Millennium’s growth in equities, with reports that the firm’s equities investment headcount has tripled since he took over in 2017.
Millennium’s hiring initiative aligns with a strong 9% increase in AUM from $68 billion last year. While equities are a focal point, the firm’s hiring spree spans various areas, including the highly sought-after quantitative roles.
