(Reuters) – BlackRock stays in early-stage communicate with take a minority threat in hedge fund Millennium Management, the Financial Times reported on Thursday, mentioning people acquainted with the situation.
The talks go to an onset and won’t end in a discount, the document said, together with that any sort of fairness threat is more than likely to be little.
If the provide have been to seem, it will definitely notice the very first time that Millennium proprietor Izzy Englander has really taken outside monetary funding within the agency, ft said.
Millennium decreased to remark. BlackRock didn’t shortly react to a Reuters ask for comment.
(Reporting by Arasu Kannagi Basil in Bengaluru; Editing by Shailesh Kuber)
