Six portfolio managers have left billionaire Izzy Englander’s multistrategy hedge fund Millennium Management, according to a report by Bloomberg. The report cites an unnamed person as the source familiar with the matter.
Millennium partner Sebastien Mourot is among the departures, along with senior portfolio manager Nick Tan, portfolio managers Roland Beunardeau and Jens Wauters, and two associate portfolio managers, Nacer Bengelloun and Murat Bostan. All were based in Millennium’s London office, the report added.
The report noted that three of the employees who left had a technology, media and telecommunications focus, while Bengelloun covered consumer discretionary and Tan specialized in industrials and materials.
Lynx Asset Management selects xyt for global equities liquidity analytics
Lynx Asset Management has selected market data analytics provider xyt to deliver independent trading volume and liquidity analysis across…
More
Brazil election rally boosts hedge funds
Brazilian hedge fund managers who correctly anticipated a strong first-round performance by right-wing presidential candidate Flávio…
More
Tiger Global set for $5bn paper gain from early OpenAI investment
Tiger Global Management is poised to generate an estimated $5bn in paper gains from its early investment in OpenAI, as the artificial…
More