Millennium expands Sydney presence
Millennium Management is expanding its presence in Australia, with the $97bn hedge fund building out a Sydney-based team and taking sizeable positions in Australian companies as it develops its local operations, according to a report by Capital Brief. Millennium president and chief operating officer Ajay Nagpal and Benjamin Williams, the firm's head of business development for Asia, were in…
Millennium Management, a $97bn hedge fund, is expanding its presence in Australia by building out a Sydney-based team and increasing its investments in local companies. The New York-based multi-strategy manager now has around 20 employees in Australia, following a series of hires and investment moves that have increased its footprint in the country's financial market.
Millennium president and chief operating officer Ajay Nagpal and Benjamin Williams, the firm's head of business development for Asia, recently visited Sydney to mark the opening of a new office in the city's central business district.
Brief written by urgent.news from Hedgeweek's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
