Hedge funds cast an envious eye at their highly valued buyout brethren

Hedge funds cast an envious eye at their highly valued buyout brethren

Millennium Asset Management is gunning for a ‘top of the heap’ private equity valuation

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From FT: Hedge fund moguls keen to cement their fortunes should try to emulate their counterparts in the private equity industry. Millennium Asset Management, the giant hedge fund seeking to sell a minority stake in itself at a valuation of $14bn, is taking steps in this direction. Hedge funds have... Article link