Millennium raised $1.8 billion in Q1
By Britt Erica Tunick
Wed Apr 20, 2011
Marketing chief John Novogratz has been instrumental in attracting capital, investors said.
Bringing on a marketing chief has paid off for Izzy Englander's
Millennium Management. The firm raised $1.8 billion in new
capital in the first quarter of this year, taking its total
assets under management to $10.6 billion.
Investors credit Millennium's successful fundraising, in part,
to Englander's decision to bring on John Novogratz in December
2009 to head up the firm's marketing efforts-the first person
to fill such a role at the firm. Novogratz had previously spent
ISSN: 2151-1845 / CDC10004H
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