Millennium Adds Lucidus’ Ter Haar

Mar 13 2014 | 10:49am ET

Millennium Management has bolstered its credit-trading team with former Lucidus Capital Partners portfolio manager James Ter Haar.

Ter Haar will join Millennium’s London office in September, Financial News reports. He’ll run between $350 million and $450 million in credit assets with a team of between three or four that he will hire.

Ter Haar left Lucidus, where he was a partner, last month. He worked at the firm for five years, joining it while it was still the credit-trading arm of Caxton Associates in 2009. Prior to that, he worked at HSBC, JPMorgan Chase and Dresdner Kleinwort Wasserstein.

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