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Ben Charoenwong

Associate Professor of Finance

This case examines Millennium Management's transformation from a quantitative hedge fund into Wall Street's most successful “pod shop.” Through its multi-manager model, Millennium separates alpha generation from business operations, enabling hundreds of independent investment teams (pods) to operate within a shared infrastructure of capital, risk management, and compliance.

Published 20 Oct 2025

Reference 7005

Topic Economics & Finance

Industry Financial Services

Region North America

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