Izzy Englander Loosens Grip on Hedge Fund Giant Millennium
Letting go of a small piece has big implications for a pioneering money manager.
For over three decades, Israel “Izzy” Englander has held tight to his hedge-fund colossus, Millennium Management.
Now, at 77, he’s ready to loosen his grip — a little, at least — on his firm that oversees more than $79 billion.