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Millennium reportedly hires Balyasny equity derivatives trader to launch new pod

Thursday, October 29, 2026 · first reported by Hedgeweek

A new London investment pod at Millennium Management is to be led by Max Witcher, who trades equity derivatives and specialises in delta one, according to eFinancialCareers as relayed by Hedgeweek. Witcher had been on portfolio manager Dan Avery's team at Balyasny Asset Management, and Financial Conduct Authority records show his registration there ended in July. Millennium has not formally confirmed the appointment.

Witcher previously worked at LMR Partners, JPMorgan and Goldman Sachs, and was briefly registered with Millennium in 2020. Avery is staying at Balyasny. Millennium declined to comment; Balyasny and Witcher did not respond.

People
Max Witcher
Asset class
Hedge funds
Geography
Europe

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