Macro Finance
Millennium Pulls Over $1.5 Billion From Two External Hedge Funds
Bloomberg Markets·November 2, 2026·1 min read
Millennium Management is redeeming more than $1.5 billion of leveraged cash from two external hedge funds that the multistrategy investment firm backed last year. The move signals a shift in Millennium's capital allocation strategy, potentially impacting the funds' operations and the broader hedge fund industry.
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