Millennium outsources fund administration
Fri Jan 9, 2009
Millennium Management, Izzy Englander’s New
York hedge fund shop, has decided to outsource administration
for its three hedge funds, which manage over $11 billion, to
GlobeOp Financial Services.
Millennium had been providing most of its fund
administration in house with a large back-office staff. The
move to outsource these services is significant in the...
ISSN: 2151-1845 / CDC10004H
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