World & BusinessMillennium’s new capital raise reportedly draws $30 billion in client demand
Bloomberg reports that investor demand exceeded what Millennium Management could accept by billions of dollars.
TLDR
Millennium Management’s new capital raise drew $30 billion in client demand—billions more than the firm could take in, Bloomberg reports. The outlet describes that as a sign of surging demand for the biggest multistrategy hedge funds.
Millennium’s new capital raise reportedly draws $30 billion in client demand
Bloomberg reports that investor demand exceeded what Millennium Management could accept by billions of dollars.
TLDR
Millennium Management’s new capital raise drew $30 billion in client demand—billions more than the firm could take in, Bloomberg reports. The outlet describes that as a sign of surging demand for the biggest multistrategy hedge funds.