{"id":455559,"date":"2026-03-03T15:59:15","date_gmt":"2026-03-03T15:59:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/455559\/"},"modified":"2026-03-03T15:59:15","modified_gmt":"2026-03-03T15:59:15","slug":"ex-millennium-portfolio-manager-in-london-joins-niche-ai-research-firm-as-partner","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/455559\/","title":{"rendered":"Ex-Millennium portfolio manager in London joins niche AI research firm as partner"},"content":{"rendered":"<p>It&#8217;s no secret that <a target=\"_blank\" rel=\"noopener noreferrer nofollow\" href=\"https:\/\/www.efinancialcareers.com\/news\/how-to-get-a-banking-ai-job\">AI<\/a> labs like <a target=\"_blank\" rel=\"noopener noreferrer nofollow\" href=\"https:\/\/www.efinancialcareers.com\/news\/openai-culture\">OpenAI<\/a> are trying to hire bright young <a target=\"_blank\" rel=\"noopener noreferrer nofollow\" href=\"https:\/\/www.efinancialcareers.com\/news\/hedge-funds-with-graduate-training-programmes\">graduates<\/a> from under the nose of <a target=\"_blank\" rel=\"noopener noreferrer nofollow\" href=\"https:\/\/www.efinancialcareers.com\/news\/how-to-get-a-hedge-fund-job\">hedge funds<\/a> and trading firms. Some of the more experienced trading staff, however, are also interested in a change of scenery.\u00a0<\/p>\n<p>Follow eFinancialCareers on Google News <a target=\"_blank\" rel=\"noopener noreferrer nofollow\" href=\"https:\/\/news.google.com\/publications\/CAAqMggKIixDQklTR3dnTWFoY0tGV1ZtYVc1aGJtTnBZV3hqWVhKbFpYSnpMbU52YlNnQVAB?ceid=GB:en&amp;oc=3\">here.<\/a>\u00a0<\/p>\n<p>Charles Dillon, a senior PM of three years at <a target=\"_blank\" rel=\"noopener noreferrer nofollow\" href=\"https:\/\/www.efinancialcareers.com\/news\/how-to-get-a-job-at-hedge-fund-millennium\">Millennium<\/a>, announced over the weekend that he was becoming a partner at Arb Research. It&#8217;s a consultancy that conducts &#8220;empirical and conceptual work in various sciences&#8221; according to Stripe (one of its clients). Prior to Millennium, Dillon spent eight years in <a target=\"_blank\" rel=\"noopener noreferrer nofollow\" href=\"https:\/\/www.efinancialcareers.com\/news\/high-frequency-trading-hiring-and-pay\">electronic trading<\/a> with <a target=\"_blank\" rel=\"noopener noreferrer nofollow\" href=\"https:\/\/www.efinancialcareers.com\/news\/susquehanna-pay-uk-sig\">Susquehanna<\/a>, where he was an ETF trader and taught &#8220;weekly poker classes to new hires.&#8221; Dillon left Millennium at the start of last year, and had been working on an education technology startup providing AI exam coaching prior to the move.<\/p>\n<p>Arb Research is co-founded by Gavin Leech, a PhD AI researcher with strong links to Dwarkesh Patel, <a target=\"_blank\" rel=\"noopener noreferrer nofollow\" href=\"https:\/\/www.economist.com\/podcasts\/2025\/04\/17\/the-man-who-has-the-ear-of-silicon-valley#:~:text=Silicon%20Valley%E2%80%99s%20favourite%20podcaster\">&#8216;Silicon Valley&#8217;s favourite podcaster.&#8217;<\/a> Leech was head of research on Patel&#8217;s show, which recently had a viral interview with Anthropic CEO Dario Amodei. He also co-authored a book on the history of AI with Patel.<\/p>\n<p>Dillon seems to be the first hire from financial services for Arb Research, which appears to have less than 15 employees. It is, however, <a target=\"_blank\" rel=\"noopener noreferrer nofollow\" href=\"https:\/\/frontier2025.netlify.app\/\">backed by the philanthropy arm<\/a> of quant hedge fund Renaissance Technologies.<\/p>\n<p>Have a confidential story, tip, or comment you\u2019d like to share?\u00a0Contact: WhatsApp: <a target=\"_blank\" rel=\"noopener noreferrer nofollow\" href=\"http:\/\/wa.me\/442079977910\">http:\/\/wa.me\/442079977910<\/a> (+44 20 7997 7910), Telegram: @AlexMcMurray, Signal: @AlexMcMurrayEFC.88 <a target=\"_blank\" rel=\"noopener noreferrer nofollow\" href=\"https:\/\/www.efinancialcareers.com\/about\/editor-tips\">Click here to fill in our anonymous form<\/a>, or email editortips@efinancialcareers.com.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.tagdeliver.com\/cipt\/a\/brand-dark.svg\" width=\"20\" height=\"20\"\/><\/p>\n<p>Bear with us if you leave a comment at the bottom of this article: comments are moderated intermittently by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. You must take sole responsibility for comments you post on this site. We will take reasonable steps to weed out anything that we consider to be offensive or inappropriate.<\/p>\n","protected":false},"excerpt":{"rendered":"It&#8217;s no secret that AI labs like OpenAI are trying to hire bright young graduates from under the&hellip;\n","protected":false},"author":2,"featured_media":455560,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[554,733,4308,86,56,54,55],"class_list":{"0":"post-455559","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-artificialintelligence","11":"tag-technology","12":"tag-uk","13":"tag-united-kingdom","14":"tag-unitedkingdom"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/455559","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=455559"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/455559\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/455560"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=455559"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=455559"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=455559"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}