Millennium-Backed Equity Hedge Fund Hires Lone Pine’s Sadaka

Lone Pine Capital alumnus Charles Sadaka is joining Atlantic Wolf Capital, the equity hedge fund debuting this quarter with $3 billion from Millennium Management.

Sadaka, 32, will start this week as a partner, according to a person familiar with the matter, who asked not to be identified discussing a hire that isn’t public yet.

He’ll join founder Aaron Weiner, who previously ran health care investing at Coatue Management.

Representatives for Atlantic Wolf and Sadaka declined to comment.

Sadaka was a managing director at Lone Pine, where he covered autos, health care and consumer internet ...