Millennium Management has committed more than $3bn of capital to two external hedge fund managers, continuing the $84bn AUM firm’s strategy of backing specialist teams as part of its multi-manager platform, according to a report by Bloomberg.
The firm has allocated approximately $2.3bn to London-based Fulcrum Asset Management, according to people familiar with the matter. The capital will be run within Fulcrum’s equities business led by partner Fawaz Chaudhry through a separately managed account...
Continue Reading
Sign up for FREE to read the full article and access 119K+ alternative investment headlines.
Alternative Investment News