Millennium Management has recently committed $4.2 billion to two external investment firms. According to reports, Ravi Naresh, who previously managed funds for Marshall Wace, will receive approximately $3 billion from Millennium Management to support his equity long-short strategy. Furthermore, Millennium Management will invest $1.2 billion in hedge fund Optimas Capital Management, which was founded by former Credit Suisse banker Thomas Wong. Given the confidential nature of the transaction details, insiders involved have requested to remain anonymous.