🏦💼🔍 Millennium Eyes Minority Stake Sale, Holds Talks With Goldman's Petershill 🔹 Summary: Millennium Management is in discussions with Goldman Sachs' Petershill Partners to explore potential buyers for a minority stake in its management company, the Financial Times reports. While top investors are seen as possible buyers, Millennium has not finalised whether it will proceed with Petershill or pursue other options, following earlier reported talks with BlackRock. 🔹 Key Points: • Millennium Management oversees $73B in assets, making it one of the world's largest hedge funds. • Goldman's Petershill specialises in minority stakes in hedge funds and private equity firms. • Discussions could lead to a sale to Millennium's largest institutional investors. • BlackRock previously explored a potential strategic tie-up with Millennium. • Neither Goldman Sachs nor Millennium provided comments to Reuters on the latest talks. @CMEActiveTrader Tickers Of Interest: $ES $NQ $YM $XLF $ZN Tickers Of Interest: $GS $BLK $USD $SPY $QQQ $MS $BX $KKR $CG $ACWI $VT
⚠️ Hedge Fund Millennium in talks with Goldman's Petershill Partners on stake sale, FT reports - Reuters on Full Story →
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