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Millennium, Citadel Spur New Breed of Hedge Fund Cubs
Posted
September 18, 2024
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1:46Now PlayingKen Griffin’s Citadel and Izzy Englander’s Millennium Management are taking up the role of playing godfather to a generation of hedge fund stars. Nearly 20 traders from Millennium and Citadel are seizing the chance to go it alone, adding to a number of hedge-fund startups that have raised some $14 billion this year, which hedge fund research firm PivotalPath says is a record. Nishant Kumar has the details in today’s “Big Take” on Bloomberg Television.
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