Millennium Expands Management Team as Assets Grow

Just don’t call it a succession plan, says a person with knowledge of the firm.

Israel Englander, Millennium Management (Bloomberg)

Is Israel (Izzy) Englander setting in motion a succession plan?

These is the big question swirling around the founder of New York–based Millennium Management since the 67-year-old announced earlier this week he is bringing in Robert Jain, the global head of Credit Suisse Asset Management, to serve as a co-chief investment officer with...

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