(Reuters) – BlackRock remains in early-stage speak with take a minority risk in hedge fund Millennium Management, the Financial Times reported on Thursday, pointing out individuals acquainted with the scenario.
The talks go to an onset and might not result in a bargain, the record stated, including that any type of equity risk is most likely to be little.
If the offer were to appear, it would certainly note the very first time that Millennium owner Izzy Englander has actually taken outdoors financial investment in the firm, feet stated.
Millennium decreased to comment. BlackRock did not quickly react to a Reuters ask for remark.
(Reporting by Arasu Kannagi Basil in Bengaluru; Editing by Shailesh Kuber)
