Why Millennium Is Backing Citadel Alum’s Quant Hedge Fund Firm

Millennium Management will back a new quantitative hedge fund firm led by former Citadel researcher Paul Dou, which may oversee more than $1 billion for the giant over time, said...

By Bloomberg Markets · Bloomberg Markets

Millennium Management will back a new quantitative hedge fund firm led by former Citadel researcher Paul Dou, which may oversee more than $1 billion for the giant over time, said people with knowledge of the matter. Nishant Kumar reports on "Bloomberg Open Interest." (Source: Bloomberg)