Barron’s – It seems that Israel Englander, whose Millennium Management is arguably one of the most profitable hedgies in the business, isn’t resting on his laurels.
He’s floating a minority stake in his powerhouse trading firm, reports the WSJ. Interestingly, a leading candidate negotiating to buy into Millennium is a new private-equity firm started by Dean Barr, ex-head of Citigroup’s (C) hedge funds group, and Whitney Bower, a former Bain Capital executive.
