Hedge Funds
US-based company is looking to invest in India and is building a new management team in the country. : Prakash Subramanian, a former managing director of Standard Chartered Bank, has joined US-based hedge fund Millennium Capital as its chief executive officer for India. Millennium Capital, a global hedge fund headquartered in New York, manages $57 billion of funds worldwide. The fund is looking to invest in India and is increasing its presence by building a new management team. Prakash spent over three decades with ANZ Grindlays Bank and Standard Chartered Bank across investment banking, treasury, senior management and governance.