(Reuters) - BlackRock is in early-stage talks to take a minority stake in hedge fund Millennium Management, the Financial Times reported on Thursday, citing people familiar with the situation. The talks are at an early stage and may not lead to a deal, the report said, adding that any equity stake is likely to be small.

BLK is considering buying a minority stake in Millennium Management. This move aligns with its aim to expand into a lucrative alternative asset business.

BlackRock Inc. (NYSE:BLK), the world’s largest asset manager, is reportedly in preliminary discussions to acquire an equity stake in Millennium Management, one of the leading hedge fund managers. What Happened: BlackRock is considering a strategic

BlackRock Inc. is in talks with Izzy Englander’s Millennium Management to take a minority stake in his $70 billion hedge fund, according to people familiar with the matter. The discussions are in the early stages and may not result in a deal, said the ...

BlackRock is in early-stage talks to take a minority stake in hedge fund Millennium Management, the Financial Times reported on Thursday, citing people familiar with the situation. The talks are at an early stage and may not lead to a deal,

BlackRock and Millennium Management have held early stage talks on what could be the hedge fund’s first ever outside investment, according to a report. Discussions have taken place around a potential minority equity stake in Millennium’s management company, , which cites people familiar with the situation.

BlackRock is in early-stage discussions with hedge fund Millennium Management to acquire a minority stake in the company.

BlackRock Considers Minority Stake in Millennium Management BlackRock Inc. is in early discussions with hedge fund Millennium Management about a potential strategic partnership, which could involve acquiring a