Ex-Millennium Trader Langlois Preps New Hedge Fund

(Reuters) Former Millennium Capital Partners and Brevan Howard Asset Management trader Arnaud Langlois is preparing to launch equities hedge fund Terreneuve Capital, two sources familiar with the matter told Reuters. Langlois plans to launch Terreneuve – which will use a so-called ‘long-short’ strategy, betting on rising and falling share prices – with between $200 million and $250 million, the sources said.

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