Millennium Management has recruited Paulo Costa, a recently promoted managing director from Goldman Sachs, in a move that highlights continued competition for top trading talent, according to report by eFinancial Careers.
Costa, who was based in London and worked on Goldman’s dividend trading desk, had only recently been elevated to managing director, becoming one of the youngest professionals to reach that level at the firm. His departure underscores the strong pull of multi-manager hedge funds...
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