Hedge Funds

Millennium hires former Deutsche traders


A group of derivatives traders recently left Deutsche Bank to from a new trading team at Israel "Izzy" Englander's Millennium Partners. The traders include Billy Bane, Joe Farrell, Lawrence Gibbs and Chris Leone.

The New York multi-strategy firm manages more than $4.3 billion of assets and its Millennium International fund had netted more than 3% for the year through May 12.