New York-based Balyasny Asset Management has closed its flagship multistrategy fund, Atlas Global Investments, to new capital effective May 1 just as the firm has reached a record $1 billion in assets under management.
The fund has not reached capacity, according to Balyasny, but is closing to digest current investments. We plan to be closed for the rest of the year, said Barry Colvin, a Balyasny vice president. Whether we re-open and any timing for that has not been determined yet.
Balyasny was founded in 2001 by Dmitry Balyasny. Atlas Global Investments (unrestricted) has gained 5.39% for the year as