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Millennium Hires Commodities Portfolio Manager

Feb 05, 2014
Jing Chen

Hedge fund manager Jennifer Fan is now working at Millennium Management after shutting down her own hedge fund last year.

Reuters reported that Fan started working at Israel Englander’s New York-based Millennium earlier this month as a portfolio manager for the firm’s commodities strategy.

Fan closed down New York-based commodities hedge fund firm Arbalet Capital in late 2013 in response to its assets dropping to below $200 million after disappointing returns led to significant investor redemptions.

Millennium manages approximately $18.5 billion in assets.

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