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
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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