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Millennium Management Sees Departure of Two More Credit Trading Pods

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Takeaways by Bloomberg AI

At least two more credit trading pods running money for Millennium Management are leaving the hedge fund giant.

Dominick Maggio and Amit Agrawal, who ran Abacove Capital within Millennium, are leaving, according to people with knowledge of the matter. Mark Meenan and David Ulrich, who managed money at Twin Lights, another internal trading pod of Millennium, are also leaving, the people said, asking not to be identified because the information is private.