Millennium Said to Hire Former BofA Proprietary-Trading Team

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Millennium Management LLC, the $11.3 billion hedge fund run by Israel Englander, hired a proprietary-trading team formerly at Bank of America Corp., according to a person familiar with the matter.

Linus Wright, 41, and his eight-person team will start at Millennium’s London offices next month, said the person, who asked not be identified because the information is private. Dave Millar, a spokesman for the New York-based company, declined to comment on the appointments.