Ex-Goldman Trader Qin Gets $1 Billion Allocation From Millennium

Ex-Goldman trader and NUS alumnus Qin Xiao starts Singapore hedge fund, gets $1.3b allocation

Mr Qin joins a growing cohort of big-name traders winning allocations from multi-strategy hedge funds. Read more at straitstimes.com.

Ex-Goldman Trader Qin Gets $1 Billion Allocation From Millennium

Qin Xiao, the former co-head of Goldman Sachs Group Inc.’s global commodities trading team, has won an allocation from Millennium Management LLC for his hedge fund startup.

Ex-Goldman trader Qin Xiao starts Singapore hedge fund, gets US$1 billion allocation from Millennium

Qin Xiao, the former co-head of Goldman Sachs’ global commodities trading team, has won an allocation from Millennium Management for his hedge fund startup.

Millennium backs ex-Goldman commodities head’s new hedge fund with $1bn allocation

Qin Xiao, the former Co-Head of Goldman Sachs’ global commodities trading unit, has raised around $1bn from Millennium Management to seed his new hedge fund, Nexus Commodities Capital Management, according to a report by Bloomberg. The report cites unnamed people familiar with the matter as revealing that the Singapore-based firm is set to begin trading later this year, with Qin running a separately managed account for Millennium alongside capit…