Tag Archives: millennium management
Citadel’s Flagship Gained 1.1% in September as Millennium Finished Flat:
HedgeCo.Net — A difficult September in fixed income produced a muted month for the largest multistrategy hedge funds, according to figures reported by Business Insider on October 1… Continue reading
Millennium Management Sells 15% Stake — A Strategic Ownership Change
(HedgeCo.Net) In a major development, Millennium Management, one of the world’s largest multi?strategy hedge funds, has sold a 15 % minority stake in its management company to a group of institutional investors. The transaction, made through funds managed by Petershill Partners (which […]
Outsourcing at hedge funds on the march
International Herald Tribune – It used to be that if you wanted a job done properly, you did it yourself. That no longer holds for the administration of hedge funds. The practice of doing middle- and back-office administrative work in-house, especially […]