(Reuters) – BlackRock stays in early-stage converse with take a minority threat in hedge fund Millennium Management, the Financial Times reported on Thursday, stating people acquainted with the state of affairs.
The talks go to an onset and may not end in a cut price, the file said, together with that any sort of fairness threat is more than likely to be little.
If the provide have been to seem, it could definitely observe the very first time that Millennium proprietor Izzy Englander has truly taken outside monetary funding within the agency, ft said.
Millennium decreased to remark. BlackRock didn’t rapidly react to a Reuters ask for comment.
(Reporting by Arasu Kannagi Basil in Bengaluru; Editing by Shailesh Kuber)
