Millennium suffers $3 billion in redemptions

Millennium Management has lost about 30% of its investor capital in redemptions.

Israel Englander’s Millennium Management has lost about 30% of its investor capital since Englander changed his policies to let investors out, a move announced in August. Millennium received $3 billion in redemptions since then, leaving the multistrategy rm with roughly $7.8 billion in assets.

“The

To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.

Related