As multistrategy hedge funds battle for the small subset of people actually capable of doing their jobs, one thing is becoming clear: they probably need to grow more of their own talent in-house. This might be why more and more hedge funds are hiring graduates and interns. It's probably also why Millennium Management - the massive multi strategy fund with $58bn in assets under management, is ramping up its internship program. Most of Millennium's interns go into its infrastructure and technology roles. These took 100 interns globally this year, double the number that arrived in 2019.