Hedge Fund Millennium to Expand in Paris With New Office for 100 Employees
- The property is located at 22 Rue Bayard in central Paris
- The hedge fund joins peers also adding staff in the city
This article is for subscribers only.
Millennium Management has taken a lease in central Paris in a bid to expand its presence in the French capital.
The hedge fund has struck a deal to rent the building located at 22 Rue Bayard, according to people with knowledge of the matter. The investment firm can house as many as 100 staff in the new office, which is expected to open in the second quarter, said one of the people, who asked not to be identified because the details are private. Millennium recently hired Bruno Benoit, former Societe Generale SA co-head of fixed income and currencies, to lead its expansion in the city.