Millennium Exclusive: Why its Pulling the $1.5bn Stake in Meridian

Millennium Management, a renowned multi-strategy firm founded by Izzy Englander, has recently withdrawn its significant investment from Meridiem Capital Partners.

This move, coming three years after an initial investment of $1.5 billion, was initiated as the agreed-upon lockup period came to an end.

Meridiem Capital Partners, led by Khalid Malik, a former portfolio manager at Citadel and an ex-employee of Steve Cohen’s SAC Capital Advisors, has been a part of Millennium’s diverse investment