Saturday, 30 August 2014
Last updated 1 day ago
Nov 12 2013 | 11:03am ET
Balyasny Asset Management, the $3.7 billion Chicago-based hedge fund manager, has Europe in its sights.
Colin Lancaster, senior managing director at the firm, told Financial News: “Strategically, we believe it a good time to increase certain of our European asset exposures and there’s more to be done there.”
Balyasny is looking for office space and portfolio managers in London and Chris Langman, a portfolio manager based in New York, will relocate to that city. Lancaster told FN he believes its a good time to be hunting for talent given the “dearth of new entrants into the market.” A person close to the firm told FN Balyasny hopes to allocate $2 billion to Europe.
The firm, established in 2001 by former Schonfeld Securities trader Dmitry Balyasny, recently announced it was re-opening its funds to new investment next year, a move believed to have been sparked by the exodus of investors from SAC Capital Advisors.
The firm said it was up 7.02% through September and had added 1.9% to Oct. 28.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...