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June 12, 2019  

Manager Opts for Bigger Employer

Another hedge fund manager has shuttered his firm to join a big multi-strategy operation.Ilya Boroditsky recently unwound his New York-based Precision Path Capital in anticipation of starting at Millennium Management in the coming months. Analysts Andrew Chen and Spencer Washburn already have jumped from Precision Path to Millennium.Boroditsky’s maneuver adds to a string of instances in which the leaders of smaller hedge fund firms have...

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