Millennium Management manages investments for private funds and separately managed accounts, primarily serving institutional investors. Millennium selects and monitors portfolio managers, allocating capital among them. The firm's strategies are opportunistic, diversified, and global, including fundamental equity, quantitative strategies, equity arbitrage, fixed-income, and commodities. Millennium may also make direct investments or hedges. Fees and expenses vary depending on the fund or account.
Fee Structure
Millennium Management manages investments for private funds and separately managed accounts. Fees and expenses are specific to each fund or account and are detailed in the offering documents or investment management agreements. These fees can include asset-based fees and/or performance-based fees, which are deducted from investor assets. The firm also passes through various expenses related to the operation of the funds.