Millennium Cleans Up in 2021’s Most High-Profile SPAC Deal

The hedge fund is the top shareholder inMichael Klein’s fourth SPAC, which on Monday announced a $24 billion merger with Lucid Motors.

Michael Klein (Andrew Harrer/Bloomberg)

Michael Klein

(Andrew Harrer/Bloomberg)

Izzy Englander’s Millennium Management, the top hedge fund investor in special purpose acquisition companies last year, is one of a handful that is likely to make bank in one of the hottest SPAC deals of 2021.

At yearend, Millennium was the top shareholder in Michael Klein’s fourth SPAC, Churchill Capital Corp.

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