Millennium Management, led by Izzy Englander, is reportedly in discussions with Schonfeld Strategic Advisers for a substantial investment deal.
![(L-R): Richard Benson, Co-CIO, Umberto Alvisi, Co-CIO, Mark Astley, Co-CEO and Simon Lack, Director (Digital Asset Solutions), Millennium Global Investments).](https://krugmaninsights.com/wp-content/uploads/2023/10/mgihi14-1440x960-1-1024x683.webp)
This partnership between two major players in the industry is highly uncommon, with both firms based in New York.
Sources familiar with the matter revealed that Schonfeld, managing around $13 billion in assets, would handle funds for Millennium, which oversees roughly $60 billion.