Matteo Sardo, a well-known figure in the finance industry, is reportedly returning to Millennium after a stint at Taula Capital. Sardo previously served as a Portfolio Manager at Millennium for two years, from April 2022 to April 2024, in Kanton Zug, Switzerland. His earlier experience also includes an extensive 11-year and 8-month tenure as a Euro Government Bond Trader and Managing Director at Citi in Milan, Italy, from August 2010 to April 2022. This background highlights his expertise in government bonds, a focus that is expected to continue in his new role.
Sardo joined Taula Capital in April 2024 as a Rates Portfolio Manager in Milan, Italy. Taula Capital, founded in 2024, is an investment management company specializing in discretionary global macro investment strategies and has experienced significant growth, with its employee count increasing by 30% year-over-year. However, the exact timing and details of his departure from Taula Capital to Millennium are not specified in the provided information.
This move comes amidst a competitive landscape for talent in the hedge fund industry, with firms like Millennium and Citadel actively recruiting experienced traders. Millennium, a global diversified alternative investment firm, has seen substantial growth, with assets reaching $97 billion and a projected $130 billion in the next few years. The firm is known for its multi-strategy approach and its model of seeding smaller funds and attracting established teams to expand its capacity.
