Reported about 22 hours ago
Millennium Management has allocated nearly $3.3 billion to two new teams led by hedge fund traders Robert Tau and Daniel Engel-Hall, as part of its strategy to expand its investment portfolio. Tau will manage $1.5 billion for his macro trading firm, while Engel-Hall will oversee $1.75 billion under Millennium's Andora Partners brand. This investment reflects Millennium's aggressive approach to attracting top talent, having recently invested heavily in various trading groups amidst a competitive industry landscape.
Source: YAHOO