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Is This The Secret Reason Behind BlackRock’s Stake Acquisition in Millennium?
$11.5 trillion AUM BlackRock Inc is in earlier talks to acquire a minority stake in $70 billion hedge fund manager Millennium Management LLC. Izzy Englander’s Millennium, which has never sold a portion of its business to a third party, is growing at a faster rate due to its strategy to diversify investments in multiple assets.
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