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Michelle Celarier
Premium
Hedge Funds Levered Up in 2019
Millennium, AQR, and Bridgewater top the list.
Michelle Celarier April 7, 2020
Israel Englander, founder of Millennium Management. (Ronda Churchill/Bloomberg)

Israel Englander, founder of Millennium Management.

(Ronda Churchill/Bloomberg)

Many of the biggest U.S. hedge fund managers, most of them running quantitative or relative-value strategies, boosted or kept steady their leverage in 2019 — just before a massive selloff in the markets last month.An analysis of the latest ADV filings with the Securities and

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