Multi-strategy giant Millennium Management has increased its backing of credit specialist FourSixThree, adding a further $250m to the fund manager as it deepens its push into less-liquid and private market strategies, according to a report by Bloomberg.
The latest allocation follows an initial $1bn investment made last year by Izzy Englander’s firm into FourSixThree’s main hedge fund strategy. The report cites unnamed people familiar with the matter as highlighting that the new capital will be d...
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