Millennium Hedge Fund Hires Mercuria’s Head Gas Trader Sutterby
- Sutterby led Mercuria’s European gas-trading operations
- Move follows departure of U.S. gas head Taylor to Goldman
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Millennium Management, the $33.7 billion hedge fund founded by Israel Englander, has hired Mercuria Energy Group Ltd.’s head of European gas trading Philip Sutterby.
He left the commodity trading house a month ago and will join Millennium in London during the fourth quarter to trade gas, power and coal as part of the firm’s European energy portfolio, Sutterby said by phone. Before joining Mercuria in 2011, Sutterby was a trader at Barclays Plc.