Israel Englander

Israel EnglanderIsrael Englander was born in Brooklyn and educated in yeshiva. He attended studied in the NYU’s MBA program and left to work on Wall Street. He partnered with Ivan Boesky protégé John Mulheren, for a while. In 1990, Englander founded Millennium with $35 million and constructed a track record to beat, returning 17% annually and growing assets under management to $8 billion by 2005. He then he ran into the Eliot Spitzer chainsaw, becoming the most prominent firm caught up in the 2004-5 mutual fund trading scandal. Englander is a major figure in the hedge fund world.

An Orthodox Jew, Israel Englander is married to Caryl Englander, a photographer who serves on the board of trustees of the International Center of Photography. (Englander’s brother-in-law is the well known investor Jack Nash, who developed the Oppenheimer & Co. with Leon Levy and then went on to found the Odyssey hedge fund.) They have three children, including Michael, who is in the field of finance, and Laura. The Englanders live at 740 Park, and are neighbors with David Ganek, David Koch, Steve Schwarzman, and Kent Swig.