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36年来首次,“多策略巨头”千禧年出售15%股份给投资者,公司估值达140亿美元
Hua Er Jie Jian Wen·2025-11-04 04:10

Group 1 - The core point of the news is that Millennium Management, founded by billionaire Izzy Englander, has sold a 15% minority stake to an external investor group for approximately $2 billion, valuing the company at around $14 billion [1][2] - This transaction is seen as a strategic move for the "post-Englander era," as the company prepares for a smooth transition and long-term development [2] - The sale includes participation from some senior employees, reinforcing internal commitment and stability within the company [2] Group 2 - Millennium Management is a pioneer of the multi-strategy hedge fund model, operating over 330 trading teams and managing $79 billion in assets [3] - The company is adjusting its business model to attract equity investors by extending capital withdrawal periods to five years, similar to private equity tools [3] - The fee structure has been modified to make income more predictable for equity investors, with annual fees around 1% of assets or 20% of investment returns, even in underperforming years [3]