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Millennium Allocates over $3bn to Two External Hedge Fund Managers
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Millennium allocates over $3bn to two external hedge fund managers
Millennium Management has committed more than $3bn of capital to two external hedge fund managers, continuing the $84bn AUM firm’s strategy of backing specialist teams as part of its multi-manager platform, according to a report by Bloomberg. The firm has allocated approximately $2.3bn to London-based Fulcrum Asset Management, according to people familiar with the matter. The capital will be run within Fulcrum’s equities business led by partner …
The US multi-strategie hedge fund Millennium Management recently allocated $2.3 billion to London's Fulcrum Asset Management company, reports Bloomberg.
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