Millennium Said to Add Morgan Stanley's Santoro for Equities
- He replaces Hyung Soon Lee, who left last year after shake-up
- Englander’s hedge fund had second-worst performance last year
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Millennium Management, Israel Englander’s $34.4 billion hedge fund, lured Morgan Stanley’s global head of equities trading, Peter Santoro, to fill a similar role at the firm, according to people with knowledge of the move.
Santoro, who took the top equities-trading job at New York-based Morgan Stanley in January 2016, replaces Hyung Soon Lee, said the people, who asked not to be identified discussing personnel moves. Santoro didn’t reply to messages seeking comment.