Co-Chief Investment Officer, Millennium Management
Robert Jain is the co-chief investment officer at Israel Englander’s Millennium Management in June of 2016. Millennium Management is one of the 20 biggest hedge funds in the world by assets, managing approximately $32.7 billion. The firm allocates capital across a diverse set of strategies involving a variety of predominantly liquid asset classes. The primary focus of their business is engaging and overseeing a large number of specialized trading teams, each of which pursues specific strategies. In his new role, Bob will manage capital allocations and risk amid rapid growth and an expansion in fixed income and commodities.
At Credit Suisse, as the Global Head of Asset Management, he has served on or chaired various management and risk committees across the bank. He was previously the Co-Head of Global Securities in the Investment Banking division, responsible for Global Equities, which included Cash Equities, Equity Derivatives, Prime Services, Research and Capital Markets. Prior to that, he was the Global Head of Proprietary Trading across Equities and Fixed Income. He joined the bank in 1996 and has worked in the New York and London offices. Bob started his career at O'Connor & Associates as an Options Trader, and is a Chartered Financial Analyst. Bob has recently been appointed to the Investor Advisory Committee on Financial Markets at the New York Federal Reserve.
At Cornell, Bob is a member of the College of Arts and Sciences Advisory Council. This year, Bob committed to fund the Robert Jain Faculty Renewal Professor in the College of Arts and Sciences.
Bob is strongly engaged in other philanthropic pursuits. Passionate about education, Bob has promoted secondary educational excellence in the New York City schools through The Jain Family Foundation, and has launched the Bronx Community Charter School, for which he currently serves as Vice Chair of the Board of Trustees. Bob also sits on the boards of Uncommon Schools and the Museum of the City of New York. In 2014, he created a nonprofit think tank to launch capitalist solutions and business plans to solve social problems.
Bob and his wife Carola reside in Manhattan, and maintain a second home in Southhampton. They are active in the Manhattan and Hamptons social scenes. Carola is from Germany, and is a senior director at Interbrand, the world’s leading brand consultancy. The couple has three young children.