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Hedge Funds

Credit Suisse AM CEO Jain To Join Millennium Management As Co-CIO

by posted 3years ago 12231 views
Credit Suisse Asset Management’s global head, Robert Jain, is leaving the bank become co-chief investment officer at Israel Englander’s multi-strategy hedge fund Millennium Management. Jain will assist Englander, currently the firm’s sole CIO for the fund’s $33 billion in AUM, in capital allocation strategies and risk management, according to a Bloomberg report. He will join the firm in the middle of 2016 as a partner and member of Millennium’s senior leadership committee. Jain joined Credit Suisse in 1996 following a stint at UBS O’Connor as a trader and moved to the asset management side in 2012. The Swiss bank is...