As we've noted before, there might not be nearly as much hiring happening in financial services than there was before the virus, but this doesn't mean there's no hiring at all. Major hedge funds like Millennium, in particular, are still adding staff, even while teams work from home.
Millennium's most recent recruits include Greg Kaldor, a macro strategist who joined the NY office this month from Phillimore Investments in Greenwich. Kaldor only stayed at Phillimore for 15 months after joining the macro fund in February 2019 from Bank of America, where he spent nine years. Phillimore was launched in 2017 by former Brevan Howard trader Giles Coppel. However, it is no longer managing investments, according to its own website, and this may explain Kaldor's decision to leave.
Millennium is generally popular with portfolio managers and analysts who like the independence afforded by its 'pod' model of operations. The fund closed 10 of its 230 pods after a difficult March, but was subsequently said to have made up its lost ground.
Millennium declined to comment on Kaldor's arrival. However, insiders said the firm continues to recruit using video interviews and to onboard staff who work from home.
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