People Moves

Balyasny in Asian expansion mode

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Balyasny Asset Management, with $1.9 billion in assets under management, is looking to expand its Asia presence and take advantage of current market turmoil to bring on board seasoned investment professionals. The Chicago-based firm, which also runs offices in New York and London, opened a Hong Kong office last year.

Given its trading orientation, BAM intends hiring traders and portfolio managers with a proven track record of generating returns in different environments with no market directionality, and within very tight risk parameters.

In Asia particularly, it is looking for managers on the equities as well as macro side. The