Millennium Management will back a new quantitative hedge fund firm led by former Citadel researcher Paul Dou, which may oversee more than $1 billion for the giant over time, said people with knowledge of the matter. Nishant Kumar reports on "Bloomberg Open Interest.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/videos/2026-06-30/millennium-to-back-citadel-alum-s-quant-hedge-fund-firm-video)