BlackRock in Talks to Acquire Minority Stake in Millennium Management
Intellectia.AI
2024-11-081mins
BlackRock, a global investment management corporation, is currently in discussions with Millennium Management, a prominent hedge fund managed by Izzy Englander, to acquire a minority stake in the $70 billion fund. According to sources familiar with the situation, the discussions are still in the preliminary stages and there is no certainty that a deal will be finalized.
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