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.

Michelle Celarier February 23, 2021

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

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

Contact Info

New York
1270 Avenue of the Americas, Suite 1100
New York, NY 10020
P: +1 212 224 3300

London
4 Bouverie Street
London EC4Y 8AX
P: +44 207 779 8888

Hong Kong
Unit 2488, 24/F
Lee Garden One,
33 Hysan Avenue
Causeway Bay, Hong Kong
P: +852 2912 8001

Corporate

About Us

Leadership Team

Careers

II Press Room

Digital

Masthead

Thought Leadership

Display Advertising

Reprints

FAQs

Events

Events Calendar

Memberships

Subscription

Subscribe to Premium

Register

Register for Free Account

Newsletters

Sign up for II newsletters

© 2025 Institutional Investor LLC. All material subject to strictly enforced copyright laws. Please read our Terms & Conditions, Modern Slavery Act Transparency Statement, Accessibility Statement and Privacy Policy before using the site.

4.12.03 build:2025-12-12 Login