Multi-Strategy Hedge Fund

Millennium Management

Millennium Management is one of the largest and most established multi-strategy hedge funds in the world, managing over $60 billion in assets. Founded by Israel Englander, the firm operates a platform model where hundreds of independent portfolio management teams deploy capital across equities, fixed income, commodities, and quantitative strategies. Millennium provides its teams with cutting-edge technology, risk management infrastructure, and operational support.

Founded 1989

Our Millennium Management Guides

Interview guide

Millennium Interview: Process & Tips 2026

The Millennium Management interview process explained - pod-level hiring, PM and analyst rounds, Cubist quant interviews, real questions and prep tips.

Salary breakdown

Millennium Salary 2026: How Much Does Millennium Pay?

Millennium Management pay broken down by role and office - PM payouts, analyst and quant comp, the graduate programme and how it compares to Citadel.

Headquarters

New York, NY

Employees

5,300+

Entry-Level Pay (est.)

$200K – $350K

Senior Pay (est.)

$500K – $2M+

Roles at Millennium Management

Quantitative ResearcherPortfolio ManagerSoftware EngineerRisk Analyst

Key Skills Required

PythonC++Machine LearningFinancial ModelingRisk Management

How to Get Hired

Millennium primarily hires experienced professionals and quantitative researchers with proven track records. They also offer some entry-level and internship positions in technology and quantitative research. The interview process involves technical assessments, portfolio construction discussions, and meetings with portfolio managers. Applications can be submitted through their website.

View open roles at Millennium Management Millennium Management Interview Guide

Compensation at Millennium Management

Bands below are industry estimates from aggregated public signals—not confirmed by Millennium Management. Actual offers depend on role, office, performance, and year.

Entry-Level / Graduate (estimated total)

$200K – $350K

Typically base plus bonus; varies widely

Senior / Experienced (estimated total)

$500K – $2M+

Typically base plus bonus; varies widely

Source: Glassdoor

Millennium Management salary breakdown →UK quant salary guide →US quant salary guide →