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2 former traders at Izzy Englander's Millennium have reunited to launch a new hedge fund

Two former staffers at Izzy Englander's Millennium Management are launching a new hedge fund. The New York-based investment firm, Carbon Investment Partners, is scheduled to launch November 1 with $10 million under management. Lee Bressler, the new firm's portfolio manager and CIO, and Brandon Bradford, the president and CEO, are behind the launch. The stock-focused hedge fund is investing in the industrials sector with a focus on bottom-up fundamental analysis, and targeting a net return of 8% to 10% per year, according to marketing documents viewed by Business Insider.
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