BlackRock Eyes Stake in Hedge Fund Giant Millennium

Hey, did you catch that BlackRock is in talks with Millennium Management about a possible tie-up? It sounds like BlackRock might take a minority stake in the hedge fund, though it’s still early days and nothing’s final yet. Apparently, even those close to the talks aren’t clear on the exact strategic benefits here, so this could go either way. If it does go through, it’ll be a major move for BlackRock—getting even more exposure in the hedge fund space could add a new layer to their investment game!