Coatue star Aaron Weiner's new hedge fund is getting backing from Millennium Management.
Weiner is leaving Coatue at the end of the year to start his own hedge fund.
AdvertisementA forthcoming hedge fund launch from a 31 year old is getting a vote of confidence from one of the industry's largest players.
Coatue rising star Aaron Weiner is getting backing for his new hedge fund from Izzy Englander's Millennium Management, according to people familiar with the matter, who asked not to be named because the information isn't public.
The $68 billion multistrategy giant is seeding Weiner's launch with a multibillion dollar check, the people said.
Persons:
Aaron Weiner's, Weiner, Coatue, Diego Megia, —, Aaron Weiner, Izzy Englander's
Organizations:
Millennium Management, Taula, Service, Management, Business