Dmitry Balyasny's Balyasny Asset Management caught fire this year. Gains across all of the firm's strategies, but particularly in consumer, healthcare and technology stocks, lifted the flagship Atlas Global Investments (restricted) by 4.13% in February. On top of a 6.13% rise in January, that puts Atlas' year-to-date gains through February at a whopping 10.5%.
Atlas had a couple of down months in spring 2005, like many funds, but has since snapped back, ending a tough year for trading at an impressive +16.82%. Balyasny's fourth-quarter investor letter acknowledges the rough patch but notes that BAM is stronger because of