Latest news with #Grau
Business Insider
30-05-2025
- Business
- Business Insider
Millennium has hired two heavy-hitter PMs for its credit-trading business
Wall Street's largest hedge fund just got a bit larger, adding two more marquee traders to its credit business. Millennium, which manages $73 billion in assets and has more than 330 investment teams around the world, has hired Jonathan Grau, a partner at Laurion Capital, according to people familiar with the matter. Grau joined Laurion in 2016 and focused on corporate credit strategies, according to a company bio recently scrubbed from the firm's website. Millennium has also hired Christopher Reich, a rising star credit index trader from Brevan Howard, the people said. Reich trades indices linked to credit-default swaps and commercial mortgage-backed securities, according to his LinkedIn profile, and worked at One William Street Capital and JPMorgan before joining Brevan. Representatives for Millennium and Brevan declined to comment, and Laurion did not respond to requests for comment. Credit has been the most in-demand strategy among hedge-fund allocators in recent years, though appetite dampened heading into 2025, according to a Goldman Sachs survey. The hires of Grau and Reich come on the heels of another major credit hire. Bloomberg reported in March that Millennium poached LMR Partners' US head of credit, Thomas Malafronte. Malafronte is a former Goldman Sachs partner who burnished his reputation in the mid-2010s trading junk bonds. Millennium, run by billionaire Izzy Englander, was down 1.4% through April after an unusually rocky start to the year that saw the firm lose money in back-to-back months in February and March. It gained 15% in 2024.
Yahoo
25-02-2025
- Politics
- Yahoo
New program aims to encourage young voices for the cattle industry in New Mexico
NEW MEXICO (KRQE) – As New Mexico ranchers get older many are wondering, will their family traditions survive? Now a new local program is encouraging young people to stick up for the industry. Story continues below DWI Scandal: BCSO undersheriff resigns amid DWI dismissal scandal Local: Man detained by ICE agents at Santa Fe gas station Crime: Parents charged months after baby's remains found buried in Eddy County That's the goal of the Linda Davis Young Cattlemen's Leadership Academy. As ranchers across the country are aging, the New Mexico Cattle Growers Association wants to make sure the next generation is equipped to look out for the interests of the industry. 'We really need to get younger agriculturalists involved and in leadership positions and develop those skills,' said Mason Grau, a 5th generation cattle rancher in Grady, New Mexico, and a participant in the academy program. The focus of the program is to go beyond ranching itself and help young ranchers cultivate the skills they need to navigate the changing industry. Part of that is being a voice at this year's legislative session. 'Part of the reason we are in this leadership class is to learn to be advocates for agriculture in order to leave a legacy for the future generations of agriculturalists,' said Grau. Their goal this session is to make sure leaders know what proposals they support and which ones they oppose. One of the bills they are advocating for is Senate Bill 8, which would allow for a percentage of student loans to be repaid to veterinary students focused on large animals. 'We need large animal vets. We are at a huge disadvantage in the state to be able to work our livestock. Any time that we have sick livestock, now you have to get a prescription and have to get a vet consultation. Sometimes that could take two or three days before you can get a vet and by that time, it's too late,' said New Mexico Cattle Growers' Association President Bronson Corn. A bill they are opposing is Senate Bill 4 which aims at putting limits on greenhouse gas emissions. The association fears the bill would negatively impact local ranchers. They hope the new program will impress upon young people it's up to them to make a difference. 'We can't expect our peers to advocate for us if we're not going to be up here doing it ourselves. It's important for all the young people to get involved,' said Marissa Diles, another program participant. The association said they plan to run the program annually. Applications will open up in the fall. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
14-02-2025
- Business
- Yahoo
Moline High student named regional finalist in Coca-Cola Scholars Program
Andrew Grau, a student at Moline High School, has been named a regional finalist for the 2025 class of the Coca-Cola Scholars Program, according to a news release. Grau is among 250 high school seniors selected as regional finalists from a pool of 105,000+ applications from across the country based on their academic excellence, leadership, and service demonstrated in school and community activities. Less than a quarter of 1% of applicants made it to this point of selection. The regional finalists are in the running for 150 college scholarships worth $20,000. This is the second stage of a three-stage selection process for the scholarship. Grau will move to the next round of the selection process to become a Coca-Cola Scholar and receive a $20,000 college scholarship. 'Atlantic Coca-Cola Bottling is proud to support the communities in which we live and work,' said Rob Feeney, CEO of Atlantic Coca-Cola Bottling. 'Each one of the students who advanced to this level are exceptional, and we wish them the best as they move forward in the process.' A joint effort of Coca-Cola bottlers across the country and The Coca-Cola Company, the Coca-Cola Scholars Program is the largest corporate-sponsored, achievement-based scholarship program in the United States. With the addition of the 2025 class, the Coca-Cola Scholars Foundation will have provided more than 7,050 Coke Scholars nationwide with over $87 million in scholarships over the course of 37 years. Andrew Grau was among 1,337 semifinalists who were selected from over 105,000 initial applicants and is now one of just 250 students who have moved to the final selection phase, regional interviews. After these interviews are conducted in February, 150 of the regional finalists will be designated as Coca-Cola Scholars-select and attend Coca-Cola Scholars Weekend in Atlanta April 3-6, 2025, where they will be the guests of honor at the 37th annual Coca-Cola Scholars Banquet and participate in the Coca-Cola Scholars Leadership Development Institute facilitated by program alumni. Collectively, the Coca-Cola Scholars Foundation will award $3.1 million in college scholarships to these outstanding young leaders. 'We believe that identifying these young leaders throughout the country and encouraging their passion for serving others not only empowers the students, but also lifts up those around them.' said Jane Hale Hopkins, president of the foundation. 'The Coca-Cola system is dedicated to giving back to the communities they serve, and the Coca-Cola Scholars Foundation is proud to be a part of that commitment.' In addition to receiving college scholarships, those students selected as Coca-Cola Scholars will be welcomed into a vibrant and growing community of alumni that has become a powerful force for positive change in the world. Through networking, collaborations, and friendships, the group strives to make a greater impact together. Recent initiatives include a podcast called The SIP (The Coke Scholars Ignite Podcast) and the ninth year of a coaching program that partners seasoned alumni with first-year Scholars as they transition to college. Every five years, all alumni are invited to a Coca-Cola Scholars Leadership Summit. The Coca-Cola Scholars Foundation celebrates and empowers visionary leaders who are refreshing the world. With its 36th class of Coca-Cola Scholars, the foundation has provided more than $84 million in scholarships to over 6,900 program alumni who together have become a powerful force for positive change. Learn more here. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
