{
  "id": 27156,
  "title": "Millennium backs macro trader’s $1bn hedge fund launch",
  "url": "https://urgent.news/2026/07/31/millennium-backs-macro-traders-1bn-hedge-fund-launch",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-07-31T08:07:03.000Z",
  "source": {
    "name": "Hedgeweek",
    "slug": "hedgeweek",
    "url": "https://www.hedgeweek.com/millennium-backs-macro-traders-1bn-hedge-fund-launch/"
  },
  "original_language": "en",
  "account": null,
  "summary": "Senior Millennium Management portfolio manager Farzad Kassam is preparing to launch his own hedge fund next year, with backing from Izzy Englander's multi-strategy investment firm in the latest example of established platforms seeding new managers, according to a report by Bloomberg.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}