One could argue that Millennium Management's greatest advantage over other
The massive hedge fund has a unique structure that lets portfolio managers operate in independent silos. The setup, which is grants PMs even more autonomy than fellow multi-strategy funds though with tight risk and loss parameters, helps billionaire founder Israel Englander convince staffers who might leave a more traditional fund to stay in-house - and recruit top talent into his firm.
However, despite that and given he launched the firm over 30 years ago, Englander has sprouted a network of hedge funds.
According to a Business Insider review of LinkedIn, media reports, and industry sources, more than 70 former employees of Englander have launched their own funds across the globe.
SUBSCRIBE NOW TO READ THE FULL STORY AND SEE OUR EXCLUSIVE GRAPHIC: Inside the alumni network of billionaire Israel Englander, the founder of hedge-fund behemoth Millennium
If you're interested in seeing the influence of other massive hedge funds, we have also mapped out the web of billionaires linked by Julian Robertson's Tiger Management and the alumni network that's grown out of Ken Griffin's Citadel.