Millennium Management
Millennium Management is a global alternative investment manager that pursues a wide range of investment strategies across industry sectors, asset classes, and geographies. The firm’s investment process is driven by independent portfolio management teams, which identify and pursue opportunities according to their specialties and within a risk framework tailored to their strategies.
Associated People
Bobby Jain
2016 - present
Izzy Englander
1989 - present
Pranav Kanade
2020 - 2021
Bill Pang
2017 - 2020
Giuseppe Paleologo
2018 - 2020
Mark Orsley
2018 - 2019
Sean Stiefel
2012 - 2013
Cormac Kinney
2009 - 2010
Kent Collier
2009 - 2009
Josh Steiner
2006 - 2008
Lawrence Lewitinn
1994 - 1995
FOUR PRIMARY STRATEGIES
RV Fundamental Equity
Millennium performs fundamental research on companies both as generalists and as specialists within a particular sector or sub-sector.
Equity Arbitrage
Millennium pursues a variety of systematic and fundamental arbitrage strategies across different parts of a firm’s capital structure and a variety of derivatives, such as merger arbitrage, event-driven strategies, convertible arbitrage, option-volatility trading, and others.
Fixed Income Strategies
Millennium manages a number of different strategies including rates, macro, credit, mortgages and asset-backed securities, and commodities.
Quantitative Strategies
Millennium builds and enhances investment processes that are primarily quantitatively driven and focused on a variety of asset classes, including global equities, interest rates, foreign exchange instruments, and commodity-linked derivative instruments.
Assets under management: $48 billion (as of December 31, 2020)