Millennium Management

illennium Management is a global investment management firm founded in 1989 that manages approximately $34.42 billion in assets as of November 1, 2016. We have more than 2,050 employees working across offices in the United States, Europe and Asia. Over the last 25 years, our mission has remained constant: to deliver the alternative investment industry’s highest quality returns to our investors, and to maintain a commitment to our principles of integrity, discipline and excellence. Millennium allocates capital across a diverse set of strategies involving a variety of predominantly liquid asset classes. The primary focus of our business is on generating high-quality returns by engaging and overseeing a large number of specialized trading teams, each of which pursues specific strategies. Our core infrastructure enables trading teams to pursue their independent strategies by delivering a flexible, scalable and efficient platform within a rigorous control environment. We operate an institutional core infrastructure platform that enables our trading teams to pursue their strategies within a rigorous control environment designed to manage risk effectively. Our core infrastructure personnel operate by the Firms’ core values of integrity, discipline and excellence, and take pride in having developed an industry-leading, institutional platform. Over the past 25 years, Millennium has invested significant resources in building our core infrastructure to maintain robust operational controls within a flexible, scalable and efficient framework. Each divisional head has significant industry experience and manages a best-in-class team. Our core infrastructure is a significant competitive advantage for Millennium, enabling us to effectively respond to opportunities around the world. The main components of our core infrastructure include business development, business strategy, capital development & investor relations, execution services, human resources, finance & treasury, legal & compliance, management controls & internal audit, operations & middle office, technology, and risk management. Millennium employs rigorous governance standards. We have a number of formal committees with specifically-defined responsibilities to provide oversight for key activities related to the Firm’s operations. Examples include our Investment Risk Committee, which reviews Firm-wide trading risks, our Operational Risk Committee, which proactively monitors potential areas of non-financial risk, and our Business Continuity Committee, which oversees technological redundancies and disaster recovery capabilities.