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RV Dhameliya

Student • 27d

Hedge fund Millennium valued at $14bn in minority stake sale talks tell all things with point 🔍 Why Now and Why It Matters Strategic Institutionalization: After decades of being entirely founder-owned, Millennium is opening a slice of ownership—signaling a serious step toward long-term succession planning and operational maturity . Rare Hedge Fund Valuation: A $14 billion tag is notable given hedge funds typically trade at lower multiples compared to private equity. Millennium's consistent returns and brand strength enhance its appeal despite the lower payout profile ...... ⏭️ Next Steps & Potential Timeline Investor selection will likely focus on a handful of Goldman’s top-tier clients and existing Millennium investors. BlackRock deal: Talks are preliminary, but a small stake is possible if both parties align strategically . Timing: Expect concrete buzz later this year as due diligence progresses. No guarantee the transaction will close.

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