Millennium highs Stars Grau, Reich to Bolster Credit Business

2025-05-30T18: 52: 45z

  • Millennium has Hired Two Marquee Credit Portfolio Managers.
  • IT HAS HIKED LAURION PARTY JONATHAN GRAU AND BREAN AGAIN PM CHRISTOPER REICH, SAID SAID.
  • Credit strategies have been highly soough over in recent years, despite a dip in Demand for 2025.

Wall Street’s Larger Hedge end just got a bit Larker, Adding Two More Marquee Trades to Its Credit Business.

Millennium, which Manages $ 73 Billion in Assset and Has More than 330 Investment Teams Around the World, Has Hirhed Jonathan Grau, a partner at Laurion Capital, Acciting to People Familiar with the Matter. Grau Joined Laurion in 2016 and Focus on Credit Credit Strategies, Accounting to a Company Bio Recently scrubbed from the firm’s website.

Millennium has Also Hired Christopher Reich, A Rising Star Credit Index Trader from Brevan Howard, The People Said. Reich Trades Indices Linked to Credit-Default Swaps and Commercial Mortgage-Backed Securities, Accounting to HIS Linkedin Profile, and Workhed at One William Street Capital and JPMORGA before Jaining Brevan.

Representatives for Millennium and Brevan Declined to Comment, and Laurion Did Not Respond to Requests for Comment.

Credit haen the Most in-Demand Strategy Among Hedge-ends allocaters in recent years, though appetite dampened heading into 2025, accorting to a Goldman sachs survey.

The guys of grau and reich come on the heels of another Major Credit Hire. Bloomberg Reported in March That Millennium Poached LMR Partners’ US Head of Credit, Thomas Malaron. Marafronte is a Former Goldman Sachs Partner WHO Burnished His Reputation in the Mid-2010s Trading Junk Bonds.

Millennium, Run by Billionaire Izzy Englander, was Down 1.4% Through April AFTER AN UNUSUALLY ROLLKY START TO THE YEAR THAT The firm Lose Money in Back-to-Back Months in February and March. IT GAINED 15% IN 2024.

Source link

Comments

اترك تعليقاً

لن يتم نشر عنوان بريدك الإلكتروني. الحقول الإلزامية مشار إليها بـ *