Key Takeaways
- • At least two more credit trading pods running money for Millennium Management are leaving the hedge fund giant, according to people with knowledge of the matter cited by Bloomberg.
- • Dominick Maggio and Amit Agrawal, who ran Abacove Capital within Millennium, are departing the firm.
- • Mark Meenan and David Ulrich, who managed money at Twin Lights, another internal Millennium trading pod, are also leaving.
- • The reported exits add to a series of credit pod departures at the multi-strategy manager, with the story updated on November 6, 2026 at 9:10 AM PST.
Summary
Millennium Management is losing at least two more credit trading pods, according to a Bloomberg report published November 6, 2026 and updated later that morning. The article, citing people with knowledge of the matter who asked not to be identified, says the departures involve teams that run capital inside the multi-strategy hedge fund giant.
Dominick Maggio and Amit Agrawal, who ran Abacove Capital, an internal Millennium pod focused on credit, are leaving the firm. Separately, Mark Meenan and David Ulrich, who managed money at Twin Lights, another internal trading pod, are also departing, the sources said.
The article does not disclose the size of the capital managed by either pod or the reasons for the exits. Readers seeking allocation or performance implications should treat the report as an early account based on anonymous sourcing, with the update time indicating the story was revised after first publication.
Dominick Maggio and Amit Agrawal, who ran Abacove Capital, an internal Millennium pod focused on credit, are leaving the firm. Separately, Mark Meenan and David Ulrich, who managed money at Twin Lights, another internal trading pod, are also departing, the sources said.
The article does not disclose the size of the capital managed by either pod or the reasons for the exits. Readers seeking allocation or performance implications should treat the report as an early account based on anonymous sourcing, with the update time indicating the story was revised after first publication.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.