Balyasny ready to soft-close Atlas

Sun Oct 1, 2006



Balyasny Asset Management is planning to soft-close its high-flying flagship fund, Atlas Global Investments, once it reaches $750 million in assets. At that point, which could come as early as this year, the long/short equity portfolio will take in capital mostly from existing investors. The Chicago-based firm plans to close the fund once it reaches the $1 billion mark and then assess when it might reopen again....

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