Millennium’s Flagship Hedge Fund Is Said to Gain 8.3% This Year

(Bloomberg) Izzy Englander’s Millennium Management returned 8.3 percent this year through September with its main hedge fund, according to people with knowledge of the matter. The firm’s flagship multistrategy fund rose 1.1 percent last month, said the people, who asked not to be identified because the information isn’t public. The average hedge fund fell about 0.1 percent in September and gained 1.7 percent in the first nine months of 2018, on an asset-weighted basis, according to Hedge Fund Research Inc.

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