Millennium Adds SAC Vets As Troubled Firm Sheds Sales Staff

Sep 16 2013 | 12:29pm ET

SAC Capital Advisors has lost a pair of analysts to Millennium Management and has laid off about a dozen marketing and sales team members.

Alexey Chentsov, a quantitative analyst who spent nine years at SAC, and Santiago Falconi, who worked there for seven, were named portfolio managers at Millennium. They will work for former SAC portfolio manager Andres Anker, who left the embattled hedge fund earlier for Israel Englander's shop.


In Depth

Fund Focus: Don’t Call K1T Capital A ‘Trend Follower’

Jul 10 2014 | 10:39am ET

You may call K1T Capital many things—systematic, quant-based, hedge fund—but...

Lifestyle

RenTech Founder Donation Establishes Quantitative Biology Institute

Jul 8 2014 | 5:19am ET

James Simons used math to make his fortune, and he’s dedicating some of it to...

Guest Contributor

As Hedge Funds Go Retail, Communications Is Key

Jul 2 2014 | 6:56am ET

The past two years have seen an explosion in the number of hedge fund managers rolling...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Service Providers


Publisher's Note