Reported 2 months ago
Balyasny Asset Management is embarking on a significant hiring spree, committing over $200 million to attract senior money managers from rival hedge funds like Citadel and Millennium. This strategy, driven by Chief Investment Officer Dmitry Balyasny, aims to enhance the company's equities trading performance following a dip in competitiveness. Prominent recruits, including Peter Goodwin and Alberto Mann, are being offered substantial compensation packages exceeding $50 million, underscoring the competitive landscape for top trading talent amidst growing demand in the multistrategy hedge fund space.
Source: YAHOO