Millennium Hedge Fund, Quant Trader Plan Venture

WSJ – For two decades, Igor Tulchinsky and his team of quantitative traders have helped fatten the returns of New York hedge fund Millennium Management LLC.

Now, the roughly $28.5 billion firm and Mr. Tulchinsky are forming a joint venture that will allow the Belarussian trader to accept outside money and use a wider range of trading strategies, said people familiar with the matter, showing the value of star traders and the lengths firms are going to in order to keep them happy.

Read Complete Article

This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply