Millennium Management Expands Australian Footprint With Key Hire

Key facts

• Millennium Management has appointed Alex Wallis as a portfolio manager.
• Wallis previously worked at Hong Kong-based Polymer Capital.
• The hedge fund has a significant presence in Australia.
• Millennium Management manages $57 billion in assets.

Millennium Management, the $57 billion hedge fund founded by Israel Englander, has taken a significant step in expanding its presence in Australia with the appointment of portfolio manager Alex Wallis. Wallis joins from Polymer Capital, a Hong Kong-based hedge fund where he managed long-short equity strategies. His prior experience includes roles at Maven Investment Partners and Lima Capital, also focusing on equity long-short strategies. This move signals a strategic push by Millennium Management into the Australian market.