Sunday, 29 November 2015
Last updated 2 days ago
Mar 4 2008 | 10:10am ET
New York-based Millennium Capital Management has acquired the assets of Castlegrove Capital, a London-based multi-strategy hedge fund active. As part of the transaction, a number of Castlegrove portfolio managers and other employees will joins Millennium’s affiliate in London, Catapult Capital Partners.
Terms of the transaction were not announced.
Israel Englander, chairman of Millennium, said the acquisition gives the firm “a broader base in Europe” and it will “continue to participate actively in the consolidation of the hedge fund industry.”
The Millennium Group of investment managers currently has approximately $13 billion in assets under management.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…