Industry News

Check out the latest news and insight from the ever-evolving world of institutional investing and hedge funds from around the globe.

To submit industry-related press releases or request feature ideas please contact editor@evestment.com

News Archive

Read More Industry News >

Millennium Expands Credit Team, Hires Veteran

Mar 12, 2014
Jing Chen

Israel Englander’s Millennium Management is expanding its credit team through the hire of a former portfolio manager at Lucidus Capital Partners.

Financial News reported that James Ter Haar, who left Lucidus last month after five years, is joining Millennium’s London office in September to head the firm’s credit portfolio. Ter Haar will hire three or four people to manage the portfolio, which has between $350 million and $450 million in assets. 

Ter Haar previously worked at HSBC's investment bank and then JP Morgan before transitioning to the hedge fund industry in 2009, joining Bruce Kovner’s Caxton Associates as a portfolio manager. Lucidus is the former credit unit at Caxton before it later spun out on its own into a separate firm.

New York-based Millennium manages approximately $21.8 billion in assets.

 

Read More Industry News >

Hedge Fund Journal Reviews eVestment's Hedge Fund Database

July, 2012

Read More