United States $78 Billion Hedge Fund Millennium Management & Singapore-Based Macro Hedge Fund Modular Asset Management Terminate $600 Million Mandate Managed by Modular Asset Management
26th September | Hong Kong
United States hedge fund Millennium Management ($78 billion AUM) & Singapore-based macro hedge fund Modular Asset Management have been reported to have agreed to terminate the $600 million mandate managed by Modular Asset Management. Modular Asset Management – Modular Asset Management is a specialist Asian macro alternative investment management company based in Singapore. The Firm manages the Modular Asian Macro Master Fund Ltd for institutional investors. In 2025 September, the ex-Co-CEO Asia of Millennium Management Jonathan Xiong new Singapore-based $1.2 billion multi-strategy hedge fund Arrowpoint Investment Partners launched in 2024 was reported to be opening $400 million capacity for investors, with expected closing in 2026 Q1 and targeting $2 billion AUM by end of 2026. In 2025 August, Goldman Sachs 22-year veteran Xiao Qin new Singapore-based commodities hedge fund Nexus Commodities Capital Management raised $1 billion allocation from leading hedge fund Millennium Management ($78 billion AUM). In 2025 August, Millennium Management ($78 billion AUM) was reported to be selling 10% to 15% minority stake at $14 billion valuation, with Goldman Sachs reported to be selling at $1 million to $20 million commitment per investor. Millennium Management was founded in 1989 by Chairman & CEO Israel Englander (Age 76, United States citizen) with $35 million. Israel Englander is a billionaire with $19 billion fortune. In 2025 June, United States hedge fund Millennium Management was reported to be in talks to sell minority stake at $14 billion valuation. In 2024 November, the world’s largest asset manager BlackRock ($11 trillion AUM) was reported to be in talks to buy minority shareholding in hedge fund Millennium Management with $70 billion AUM. Israel Englander – Israel Englander is Chairman and Chief Executive Officer of Millennium, the firm he founded in 1989 with $35 million. Prior to starting Millennium, Izzy was a floor broker, trader and specialist on the American Stock Exchange and owned a specialist operation. He served as Chairman of the Specialist Association and has been on numerous American Stock Exchange committees, including Allocations, Allocation Procedures, Emerging Company Marketplace, Options and Special Allocations. Izzy received a BS in Finance from New York University. He attended New York University Graduate School of Business Administration. Millennium – Millennium is a global, diversified alternative investment firm, founded in 1989, which manages $78 billion in assets. Defined by evolution, innovation and focus, Millennium’s mission is to deliver high-quality returns for our investors. Millennium seeks to empower talented professionals with the sophisticated expertise, resources and technology to pursue a diverse range of investment strategies across industry sectors, asset classes and geographies.
“ United States $78 Billion Hedge Fund Millennium Management & Singapore-Based Macro Hedge Fund Modular Asset Management Terminate $600 Million Mandate Managed by Modular Asset Management “
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United States $78 Billion Hedge Fund Millennium Management to Sell 10% to 15% Minority Stake at $14 Billion Valuation, Goldman Sachs Reported to be Selling at $1 Million to $20 Million Commitment Per Investor, Millennium Management Founded in 1989 by Chairman & CEO Israel Englander (Age 76, United States Citizen) with $35 Million, Israel Englander is Billionaire with $19 Billion Fortune
15th August – United States hedge fund Millennium Management ($78 billion AUM) is selling 10% to 15% minority stake at $14 billion valuation, with Goldman Sachs reported to be selling at $1 million to $20 million commitment per investor. Millennium Management was founded in 1989 by Chairman & CEO Israel Englander (Age 76, United States citizen) with $35 million. Israel Englander is a billionaire with $19 billion fortune. In 2025 June, United States hedge fund Millennium Management was reported to be in talks to sell minority stake at $14 billion valuation. In 2024 November, the world’s largest asset manager BlackRock ($11 trillion AUM) was reported to be in talks to buy minority shareholding in hedge fund Millennium Management with $70 billion AUM. Israel Englander – Israel Englander is Chairman and Chief Executive Officer of Millennium, the firm he founded in 1989 with $35 million. Prior to starting Millennium, Izzy was a floor broker, trader and specialist on the American Stock Exchange and owned a specialist operation. He served as Chairman of the Specialist Association and has been on numerous American Stock Exchange committees, including Allocations, Allocation Procedures, Emerging Company Marketplace, Options and Special Allocations. Izzy received a BS in Finance from New York University. He attended New York University Graduate School of Business Administration. Millennium – Millennium is a global, diversified alternative investment firm, founded in 1989, which manages $78 billion in assets. Defined by evolution, innovation and focus, Millennium’s mission is to deliver high-quality returns for our investors. Millennium seeks to empower talented professionals with the sophisticated expertise, resources and technology to pursue a diverse range of investment strategies across industry sectors, asset classes and geographies.
United States $75 Billion Hedge Fund Millennium Management in Talks to Sell Minority Stake at $14 Billion Valuation, Founded in 1989 by Chairman & CEO Israel Englander with $35 Million
17th June – United States hedge fund Millennium Management ($75 billion AUM) is in talks to sell minority stake at $14 billion valuation. In 2024 November, the world’s largest asset manager BlackRock ($11 trillion AUM) was reported to be in talks to buy minority shareholding in hedge fund Millennium Management with $70 billion AUM. Millennium Management was founded in 1989 by Chairman & CEO Israel Englander with $35 million. Israel Englander – Israel Englander is Chairman and Chief Executive Officer of Millennium, the firm he founded in 1989 with $35 million. Prior to starting Millennium, Izzy was a floor broker, trader and specialist on the American Stock Exchange and owned a specialist operation. He served as Chairman of the Specialist Association and has been on numerous American Stock Exchange committees, including Allocations, Allocation Procedures, Emerging Company Marketplace, Options and Special Allocations. Izzy received a BS in Finance from New York University. He attended New York University Graduate School of Business Administration. Millennium – Millennium is a global, diversified alternative investment firm, founded in 1989, which manages $75 billion in assets. Defined by evolution, innovation and focus, Millennium’s mission is to deliver high-quality returns for our investors. Millennium seeks to empower talented professionals with the sophisticated expertise, resources and technology to pursue a diverse range of investment strategies across industry sectors, asset classes and geographies.
$11 Trillion BlackRock in Talks to Buy Minority Shareholding in $70 Billion Hedge Fund Millennium Management, Founded in 1989 by Chairman & CEO Israel Englander with $35 Million
9th November 2024 – The world’s largest asset manager BlackRock ($11 trillion AUM) has been reported to be in talks to buy minority shareholding in hedge fund Millennium Management with $70 billion AUM. Millennium Management was founded in 1989 by Chairman & CEO Israel Englander with $35 million. Israel Englander – Israel Englander is Chairman and Chief Executive Officer of Millennium, the firm he founded in 1989 with $35 million. Prior to starting Millennium, Izzy was a floor broker, trader and specialist on the American Stock Exchange and owned a specialist operation. He served as Chairman of the Specialist Association and has been on numerous American Stock Exchange committees, including Allocations, Allocation Procedures, Emerging Company Marketplace, Options and Special Allocations. Izzy received a BS in Finance from New York University. He attended New York University Graduate School of Business Administration.
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