Millennium Management, LLC

Millennium Management, LLC
Company typePrivate
IndustryHedge fund
Founded1989; 35 years ago (1989)[1]
Founders
Headquarters
New York[4]
,
U.S.
Key people
  • • Ajay Nagpal (2013 July: COO)[5]
  • • Simon Lorne (Vice chairman and chief legal officer)[6]
  • • John Novogratz (2009 Dec: Head of capital development and investor relations)[7]
ProductsHedge fund
AUMUS$ 70.2 billion
(as of October 2024)[8]
Number of employees
5,900+ (2024)[8]
SubsidiariesWorldQuant
"Millennium Management" redirects here. For Millennium Management Group, see Cannery Casino Resorts.

Millennium Management is an investment management firm with a multistrategy hedge fund offering.[9] It is one of the world's largest alternative asset management firms with over $70.2 billion assets under management as of October 2024.[10][11] The firm operates in America, Europe and Asia.[12] As of 2022, Millennium had posted the fourth highest net gains of any hedge fund since its inception in 1989.[13]

  1. ^ Ahmed, Azam (25 July 2011). "Englander Said to Be Looking to Sell Millennium Stake". New York Times. No. DealBook. United States. The New York Times Company. Retrieved 3 May 2019.
  2. ^ Wigglesworth, Robin (28 March 2016). "Millennium taps Credit Suisse's Jain as co-CIO". United States: Financial Times. Nikkei. p. 11. Retrieved 7 May 2019.
  3. ^ Taub, Stephen (2 April 2019). "Izzy Englander's Big Payday". No. Corner Office. United States: Institutional Investor. Institutional Investor LLC. Retrieved 3 May 2019.
  4. ^ Ahmed, Azam (8 September 2011). "Millennium Attracts $4 Billion in New Money". New York Times. No. DealBook. United States. The New York Times Company. Retrieved 3 May 2019.
  5. ^ McCrum, Dan (2 April 2013). "Barclays prime broker moves to hedge fund". New York, N.Y., United States: Financial Times. Nikkei. Retrieved 16 December 2019.
  6. ^ Delevingne, Lawrence; Crimmins, Carmel (25 April 2017). "Q&A: Hedge fund executive Simon Lorne talks Trump, Brexit and 'Billions'". No. Wealth. New York, N.Y., United States: Reuters. Thomson Reuters. Retrieved 16 December 2019.
  7. ^ "China's Property Bubble, Millennium Management's John Novogratz, Baupost". No. AR + Alpha. United States: Business Insider. Business Insider Inc. 1 May 2011. Retrieved 8 January 2020.
  8. ^ a b "Millennium Management Global Investment". Millennium Management, LLC. 31 October 2024. Retrieved 31 October 2024.
  9. ^ Taub, Stephen (30 April 2019). "The Rich List – What the world's richest hedge fund managers made in 2018 — and how they made it". No. Rich List. United States: Institutional Investor. Institutional Investor LLC. Retrieved 3 May 2019.
  10. ^ Agnew, Harriet (20 November 2023). "Asset Management: Millennium's succession dilemma". www.ft.com. Retrieved 27 November 2023.
  11. ^ "Millennium Management Global Investment". MLP. Retrieved 2024-06-18.
  12. ^ Hu, Bei (29 October 2019). "Hedge Funds Fight for Asia Talent With Bonuses, Training". No. Business. BloombergQuint. Bloomberg L.P. Retrieved 11 December 2019.
  13. ^ Tucker, Hank. "Citadel's $16 Billion Gain In 2022 Makes Ken Griffin's Flagship The Top-Earning Hedge Fund Ever". Forbes. Retrieved 2023-08-24.