Reported 4 months ago
Diego Megia, a former senior trader at Millennium Management, started his new hedge fund, Taula Capital Management, with $5 billion and closed it to new investors on the first day. About $3 billion of the funding came from Millennium, while the rest was raised from various investors. Megia's firm, which launched on June 1, also includes Stefan Ericsson as the deputy CIO and a team of 25 individuals from his time at Millennium. Taula is part of the external firms that Millennium is using to manage some of its funds, joining other established names like Delta Global Management and Kedalion Capital Management.
Source: YAHOO