The Apollo Accord Fund IV, the latest investment vehicle in the New York City-headquartered investment manager', Laxman Pai, Opalesque Asia: The alternative investment management firm Hamilton Lane closed Hamilton Lane Secondary Fund V at $3.9 billion, exceeding its $3 billion fundraising target and marking its largest fundraise to-date. Prior to BAM, Gustav worked in Global Equities for 9 years at Citadel. Learn more about our distinguished investment platform. Dmitry Balyasny is the Chief Investment Officer and Managing Partner of Balyasny Asset Management, L.P. (BAM), a global investment firm founded in 2001 focused on delivering consistent, alpha-driven returns through a multi-strategy, multi-PM approach. Dave holds a Bachelor of Arts from Springfield College, in Springfield Massachusetts. John Timotheou is the Chief Information Officer, leading the firm’s design and implementation of Technology across Macro and Equity teams. Legeis is designed to provide reinsurers with access to public and private investments that typically have higher returns than the fixed income portfolios common within the insuran, In the week ending January 29th 2021, a report by eVestment said that investors pulling $58.76 billion from hedge funds around the world in 2020 may not be cause for celebration, but those outflows are, Bailey McCann, Opalesque New York for New Managers: 2020 was a great year for event driven strategies. In 2007, he left the public accounting world to join Balyasny Asset Management, LP, a multibillion-dollar hedge fund, as Corporate Controller and Tax Director. He is involved in a variety of philanthropic activities in Chicago, Illinois. Since entering the asset-management business in 2005, Mr. Valentine has covered various sectors including health care, technology and basic materials across all market caps and geographies. He is a CFA Charterholder and holds a Master's degree from Stanford University. Prior to Bridgewater, Dave was the Regional Head of Recruitment at UBS, AG in New York. Hedge fund sponsor owned by its employees. Prior to Schonfeld, Scott was an associate at the law firm of Foley & Lardner in their Securities and M&A division. Previously, he was a Vice President of Luminant Worldwide and a Senior Manager at Deloitte Consulting, focusing on financial companies. If your company name in the drop down menu needs to be edited, please contact us at necregistration@stonefortgroup.com He joined BAM in July 2018. Bill is also a CFA charter holder. We are constantly on the hunt to grow and improve. Our website uses cookies to give you the best browsing experience. He is responsible for overseeing the firms Long / Short, Macro and Quant trading business. He joined BAM in June 2015 from Point72 Asset Management where he was Associate Director of Research, and also Chief Operating Officer of the Sigma Division. © 2001-21 Opalesque | All rights reserved. document.write("The Great Disruption: Innovation, Digitization & Multiplicity of Value SystemsWelcome to Opalesque's 221st Roundtable - 18 million Roundtable PDFs distributed since 2008Innovation in Fintech happens in many different areas, in things like payment systems, block chain, digital assets, robo-advisors, lenders, crowd funding, with a number of factors driving progress and new developments. She also serves as a Board Member and Trustee of the Northeastern University, Boston, U.S.A. Andrew Fong is the President of BAM Asia, working with Sachin Kewalramani and the founders in our Hong Kong office. We recognize that performance must constantly be earned, and we never take success for granted. Jennifer Blake is the Managing Director and Head of Business Development at Balyasny Asset Management. In a year dominated by the pandemic, it is easy to lose sight of some of the more granular legal developments and trends coming over the horizon for 2021 which, in their own ways, can also have a significant impact on the UK/EU private, By: Marc Israel, Kate Kelliher Taylor chairs BAM’s Management Committee and is a member of the Investment Committee. Prior to taking on his role as CPO, Dave was a Managing Director on the Business Development team. We still would suggest patience and looking to buy dips to identifiable support opportunistically.We would look to buy dips in FXI or related securities on a dip in FXI to $49.10 with stops below $48.60 and with an upside target for taking profits at $54. He holds a Bachelor’s degree in Computer Science from the State University of New York at Buffalo. Prior to BAM, Mr. Brinberg was a senior analyst at SAC. We prioritize the most compelling opportunities and go after them. Prior to Citadel, he was a Senior Legal Counsel at Deutsche Bank responsible for overseeing the legal function for its equities business for Asia ex Japan. Alex began his career in FX derivatives and quantitative research at Lehman Brothers and Warburg Dillon Read. That created a unique environment for trend followers - one that is likely to continue this year. He oversees risk management across all of BAM’s investment strategies, teams, funds, and geographies. Transparency, Featuring : ASSET RAISING: TIME TO TURN THE TABLES!.The pandemic has structurally changed the process and methods of asset raising. 0,53% Balyasny Europe Asset Management LLP (15.01.2021) Damit summieren sich die Netto-Leerverkaufspositionen der Leerverkäufer der Hedgefonds derzeit auf … On Jan. 7, 2021, the Internal Revenue Service (IRS) and the Treasury Department issued final regulations regarding the treatment of carried interests, or profits interests in partnerships that generally entitle service providers to share in appreciati, By: Don Steinbrugge, Agecroft Partners From Institutional Investor: EJF Capital, a $9 billion asset manager that invests primarily in financial institutions, is the latest hedge fund firm to sponsor a blank check company. Prior to SAC, he was involved in business development and entrepreneurial activities in entertainment/media business and worked in investment banking at a boutique British firm - Samuel Montagu. Tail risk and other volatility strategies ended 2020 up significantly after 8 years of underperforming. ESPR stock was bought by a variety of institutional investors in the last quarter, including Morgan Stanley, Rhenman & Partners Asset Management AB, Endurant Capital Management LP, Hood River Capital Management LLC, Barclays PLC, Bamco Inc. NY, BlackRock Inc., and Pinnacle Associates Ltd.. In part, the NDAA restored significant, Bailey McCann, Opalesque New York: 2021 opened with another positive month for global equities and some funds were able to take advantage. Carson Boneck, CFA, is the Chief Data Officer and a member of the firm's Management Committee. UPDATE: The iShares China ETF (FXI) traded higher last week instead of giving aspiring longs an attractive entry point. Bill Wappler is the Director of Research for BAM’s Fundamental Equities business, and a member of the firm’s Investment Committee. 10. He is also a member of BAM’s Management Committee. 1. Brevan Howard Asset Management was among the many hedge funds to have a good year in 2020: the U.S. Rates Opportunities Fund apparently soared 99% due to what we presume were opportunities in U.S. rates. Get Instant Access *. Harvey joined Forager in May 2019 and works on researching US stocks for the Forager International Shares Fund. Anita joins us from Citadel where she was a Partner and Managing Director serving Europe, the Middle-East, Africa and Asia Pacific. View all 1,000,000+ companies from this search. Arrogance and entitlement are the tombstone of extinct investment firms. Prior to joining Citadel in 2008, Anita served at Merrill Lynch, London as Managing Director, Co-Head of Government Institutions Sales. Andrew holds a Bachelor of Laws with honors from King’s College London, and is fluent in English, Mandarin, and Cantonese. Jennifer holds a B.S. Anita holds a Bachelor of Business degree from the American University of Beirut. We have a real sense of urgency. In the week ending February 5th 2020, Preqin said that returns across hedge fund asset class were +16.63%, ahead of the S&P 500 PR Index (16.26%), resulting in the asset class' highest annual return sin 05. Matt oversees BAM’s relationship with its Advisory Council. We approach markets with a deep sense of humility and seek to always maintain a learning mindset. From Business Insider: More than 130 SPACs have gone public in 2021, with plenty more in the pipeline. Ranked by discretionary assets managed in hedge funds worldwide, in millions, as of June 30, 2020, unless otherwise noted. One of these factors is an improvement in algorithms, another one is..."); document.write("Opalesque Exclusive: London manager to launch absolute return options fund") » More. To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video. Dmitry is an active risk taker and chairs BAM’s Investment Committee. This hedge fund employs a long-term, value-orientated approach. Its motto is "No beliefs, only processes". Our leadership team has the industry knowledge and experience needed to navigate market volatility and generate consistent alpha for our clients. We leverage the collective knowledge and experience of our team members across industries, asset classes, regions and markets to uncover profitable investment opportunities that deliver value to our clients. After 26 years in the business, I was excited about the opportunity to use my experience and expertise to help the firm scale into a leading hedge fund in the region. If you don't see your company listed, please select "other" and enter your company name. Bringing over 26 years of experience, Andrew joined BAM in January 2021 from Citadel, where he was most recently a Senior Advisor, covering Asia Pacific. Today, our investment platform spans three core strategies: Long/Short Equities, Macro, and Event & Credit. T, By: Kevin R. Edgar, Teresa Goody Guillén, Bari R. Nadworny and Michelle N. Tanney Currently: Cash Looking to: Buy @ $49.10As of 2/12/21 close: $53.58LAST WEEK: We suggested buying dips in FXI to $48.23 with stops honored on a close below $48 and with a target of $53.UPDATE: The iShares China ETF (FXI) traded higher last week instead of giving aspiring longs an attractive entry point. E-commerce, property services and renewable energy helped Torq Capital Management (HK) post a 2.5% return, said a person with knowledge of the matter. The closing of the global and diversified secondary private equity, Laxman Pai, Opalesque Asia: The Chicago private equity firm Wind Point Partners closed its latest middle-market buyout fund, Wind Point Partners IX, at $1.5 billion in total commitments, including commitments from the General Partner and affiliates. Taylor joined Schonfeld Securities in 2001. Hedge fund industry assets will reach an all-time high in 2021 driven by one of the largest positive net inflows into the hedge fund industry in over a decade. He began his trading career with Schonfeld Securities in 1994. He was made a Partner in 2007. This brief article, compiled by AlternativeSoft, examines the five best performing hedge funds and the five, In the week ending February 12th 2021, HFR reported that hedge funds advanced in January to begin 2021, actively trading through a turbulent month dominated by a volatile. You can only login, if you are subscribed to our newsletter and your subscription period has already begun. Led by a former Asia head of Balyasny Asset Management, it had a “mid-teens” gain for 2020 on its market … His primary responsibilities include developing a robust legal and compliance infrastructure across the BAM organization globally. The fund targets investments in middle-marke, By: Catherine Botticelli , Anthony S. Kelly, Eric Auslander, Dennis Lawson and Lindsay E. Ray We encourage a collaborative environment that empowers a diverse range of professionals to reach their highest potential. Gustav Rydbeck is the Chief Operating Officer of BAM's Fundamental Equities business and is a member of the firm's Investment Committee. Prior to this, Harvey worked as an investment analyst and portfolio manager covering various sectors across Europe and the United States at Watermark Funds Management in Sydney and Balyasny Asset Management in London. We navigate volatility, adapt to changing markets and generate returns in all environments. Publisher Opalesque is a member of the Opalesque Group. Jennifer joined BAM in April 2008, responsible for investment hiring globally. The category was up 9.3% at the end of the year, according to data from HFR. Jared oversees the Corporate Strategy, Portfolio Finance and Accounting groups. Prior roles also include JP Morgan from 1996 to 1999 and Citibank from 1993 to 1996. Before joining Point72, he worked for Morgan Stanley in Institutional Equity sales and later was promoted to Associate Director of Equity Research. Rahul holds a Bachelor of Arts in Economics from New York University. Managing Partner & Chief Investment Officer, Co-Founding Partner & Head of the Client Relationship Group/Business Development, Partner & Portfolio Manager (Media and Consumer), Partner & Chief Operating Officer, Equities, Partner & Managing Director, Global Head of Business Development, General Counsel, Chief Compliance Officer. Along the way, we’ve built a culture that is distinctly different from other asset management firms. The Only Hedge Fund Newswire Read By Elite Managers. He started his career with S.A.C Capital Advisors, where he spent over fifteen years managing the Front Office Technology. Total deal value in Q4 came to US$336.5 billion, a 40% increase on the same quarter in 2019, while volume climbed 12% t, By: Michele J. Alexander, Barnes & Thornburg Although the, By:Peter LaVigne, Nicholas Losurdo, Jana Steenholdt - Goodwin Paul Brinberg joined BAM in 2004 to manage a Long/Short Equity media portfolio. Rahul Bajaj joined BAM in 2004 and serves as Global Head of Trading. During his 15 year tenure at Citadel, Andrew held a number of other senior leadership roles including serving as the Chief Administrative Officer for over 10 years, responsible for the overall management oversight for the region, and as the General Counsel responsible for the legal, compliance and regulatory affairs functions for Asia Pacific. At SPGI, he founded and built the firm’s data science team and Capital IQ’s acclaimed Quantamental Equity Research group. According to a letter to investors reviewed by Opalesque, the fund is up 16.63% net for the mont, B. G., Opalesque Geneva: Ken Frenchman, managing partner at law firm Cohen Ziffer Frenchman & McKenna, explains why he expects a surge in D&O (directors and officers) claims and R&W (representations and warranties, Bailey McCann, Opalesque New York: 2020 was a big year for trend followers. Matt holds a Juris Doctor from Rutgers University School of Law and his Bachelor of Arts from The City University of New York. Prior to BAM, Rahul held roles including asset management, proprietary portfolio management and hedge fund trading and has been in the industry since 1997. He joined Citadel in 2002 and successfully managed a financials team and portfolio throughout his 10 years at the firm. Most recently, he led the launch of Ravelin Capital in 2015 until it merged with Citadel’s Equities business two years later. What began as a single, small office in Chicago trading mostly long/short equity has grown into a global, multi-strategy institution with hundreds of investment professionals managing capital in every leading financial center. Before that, Goldberg was a Partner and Portfolio Manager at Platinum Grove Asset Management from 1999 to 2009. Scott is also a member of the Investment and Management Committees. Jeff was Global Head of Equities for Citadel between 2009 and 2012. Carson joined BAM as a Director of Quantitative Research in 2016, building and overseeing a research team which created systematic strategies for the firm’s discretionary Long/Short investors. Another fund run by ex-Citi trader Fash Golchin, now based at … Event driven funds benefited from m, B. G., Opalesque Geneva: Quantology Capital Management is a Paris-based hedge fund and specialist of behavioural finance. Steven holds a Bachelor's degree in Psychology from Wesleyan University, as well as an MBA from the Massachusetts Institute of Technology. He was previously a Portfolio Manager for the Interest Rates Options desk at Bank of America Merrill Lynch from 2009 to 2011. January marks the st, Matthias Knab, Opalesque: The five best performing hedge and mutual funds from April 2020 to December 2020 Our technology teams build robust tools and systems that provide our investment professionals with critical information to drive our business forward. We continuously seek to enhance our research process, implement better tools and technology and test new investment ideas that will generate returns for our investors. For more information, please read our Privacy Policy. Dmitry holds a bachelor's degree in finance from Loyola University in Chicago. The UK has outlined the details of its new National Security and Investment Bill, heralding the introduction of a new regime for foreign direct investments in the UK. In 2000, just 7% of pension fund assets in developed economies were allocated to private markets and other alternatives, that number now, Laxman Pai, Opalesque Asia: The alternative investment manager Apollo Global Management has closed its fourth dislocated credit fund at about $2.34 billion in capital commitments. He joined Schonfeld Securities in 1999. Cookies must be activated. Die Finanzprofis von Balyasny Europe Asset Management LLP mit Sitz in London, England, haben am 27.01.2021 ihre Netto-Leerverkaufsposition von 0,53% auf 0,00% der HUGO BOSS-Aktien reduziert. The new regime would introduce, for the first time, a mandatory pre-screening mechanism for deals, Macquarie closes latest renewable energy fund at $1.9bn TTC stock was bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Lord Abbett & CO. LLC, Schroder Investment Management Group, Morgan Stanley, Nuveen Asset Management LLC, Wells Fargo & Company MN, Lombard Odier Asset Management Europe Ltd, and First Trust Advisors LP. Prior to joining BAM in 2006, Matt served as a compliance consultant to several hedge fund managers and previously worked for the Office of the General Counsel in AIG’s Domestic Brokerage Group. in Spanish from The Ohio State University and an MBA in Finance from New York University. Los Angeles-based Logica Capital Advisers was one of them. Outside of the firm, Alex is a member of both the NYU Tandon School of Engineering Board of Overseers and the University of Chicago Laboratory Schools Board. We believe collaboration, mutual accountability and constant innovation drive unrivaled performance. He holds a JD/MBA from Marquette University, where he also completed his undergraduate degree in business administration with an emphasis in finance and accounting. Prior to becoming BAM’s GC/CCO, Matt held various positions within BAM’s legal and compliance department including Chief Compliance Officer, Deputy CCO and Associate General Counsel. He holds a Bachelor of Science in finance from California State University, Bakersfield, and a Master of Science in finance from San Francisco State University. He began his career as a Bank Examiner at the Federal Reserve Bank of San Francisco. Alex Lurye is Chief Risk Officer of Balyasny Asset Management and a member of the Investment Committee. Feb. | ESG innovation measures environmental and social impact at product level [more] B. G., Opalesque Geneva for New Managers: Carmika Partners LLP is a discretionary investment manager that specializes in quantitative volatility trading. Opalesque Roundtable Series - Archive (all), Horizons: Family Office & Investor Magazine, Opalesque Exclusive: London manager to launch absolute return options fund, Opalesque Exclusive: Pensions fill a 'fixed income sized hole' with alternatives, Apollo Global Management raises $2.34bn for a fourth dislocated credit fund, Hamilton Lane racks up $3.9bn for fifth secondary fund, Wind Point Partners raises $1.5bn for Fund IX, Other Voices: Congress restores and codifies expansive SEC fines authority, Opalesque Exclusive: Apis Global Discovery Fund's winning streak extends into January after ending 2020 up 70%, The five best performing hedge and mutual funds from April 2020 to December 2020, Opalesque Roundup: Hedge funds gain during turbulent January: hedge fund news, week 07, Opalesque Exclusive: Logica Capital Advisers capitalizes on retail volatility to end January in positive territory, Opalesque Roundup: Hedge funds post annual return of +16.63% in 2020, the highest since 2009: hedge fund news, week 06, ESG innovation measures environmental and social impact at product level, Opalesque Exclusive: Sender Company & Partners rides retail trading volatility to +16% gains in January, Opalesque Exclusive: New York lawyers expect uptick in D&O and R&W insurance claims, Opalesque Exclusive: Trend followers find new opportunities in 2021, Opalesque Exclusive: Legeis Capital rethinks alternatives and insurance, Opalesque Roundup: Investors redeemed $161bn from hedge funds over the past two years: hedge fund news, week 05, Opalesque Exclusive: A new event driven fund finds opportunity in Europe, Opalesque Exclusive: French quant house uses data to understand what the market practitioners think, not to understand the market itself, Opalesque Roundup: Hedge fund assets hit record $3.6tn after delivering best performance in more than a decade: hedge fund news, week 04, Other Voices: Private equity ends 2020 on a high, Other Voices: IRS final carried interest rules favorable to fund managers, Other Voices: Top hedge fund industry trends for 2021, Other Voices: SEC gives "special purposes" brokers the go-ahead on digital assets custody, Other Voices: Congress gives SEC 10-year window to pursue fraudulent funds, Other Voices: UK private equity: horizon scanning for 2021, Other voices: UK outlines its plans for wide-ranging new foreign investment review powers, Access our fully search-able archive on hedge fund and alternatives news (, Go directly to current Alternative Market Briefing newsletter, New Launches: Macquarie closes latest renewable energy fund at $1.9bn, Principal closes private debt fund with nearly $600m in commitments, Big data VC OpenOcean hits $111.5m for third fund, Royal London boosts sustainable arm with credit fund, University of Cambridge launches its eighth Enterprise Fund, SPACs: EJF Capital is the latest hedge fund to launch a SPAC, Colin Kaepernick is getting in on the SPAC game, London is losing the SPAC fight with New York, SPACs: Around 130 SPACs have gone public in 2021, SPAC veteran Graf eyes $675m for three new companies, SPACs: Not so SPACtacular, SPAC trend rolls on, attracts UHNW investors, Investing: Tribune Publishing agrees to $430m takeover by hedge fund, Jana Partners builds new stake in Labcorp, Tiger Global's Coleman doubled down on stake in Uber, added bets in Airbnb and DoorDash, Baupost Group takes a large stake in Intel, PE/VC: Private capital funds to spend billions on tech & outsourcing, Why family offices are drawn toward venture capital, Megafunds continue to reign in VC. Assets invested are predominantly in the IT and consumer discretionary sectors. Bill holds an MBA from the Kellogg School of Management/Northwestern University where he was an FC Austin Scholar; and a Bachelor of Arts in Economics from the University of Washington, where he graduated Phi Beta Kappa. Prior to BAM, his experience includes many years within private equity and corporate finance for various companies in Chicago, including Merrill Lynch, Arthur Andersen and Invenergy. William Ackman’s Pershing Square Holdings, which holds only a handful of stocks and does not traditionally bet that stock prices will drop by shorting, lost 1.3% in January as many stocks sold off amid the trading turbulence. Dave Prezioso is the Chief People Officer, based in our New York office. In the week ending February 5th 2020, Preqin said that returns across hedge fund asset class were +16.63%, ahead of the S&P 500 PR Index (16.26%), resulting in the asset class' highest annual return sin, Laxman Pai, Opalesque Asia: Richmond Global Sciences (RGS) today launched RIFT - Real Impact in Financial Terms - the first-ever assessment of environmental and social impact at the product level, aligning with the pioneering work of the Impact Weight Accounts Initiative. He joined BAM in June 2006 as an analyst. 11. He most recently held the position of Senior Talent Acquisition Manager at Bridgewater Associates in Westport, CT. BAM founded in Chicago by Dmitry Balyasny, Taylor O'Malley and Scott Schroeder. 15. Below is a list of the top 100 largest hedge funds in the United States, ranked by assets under management (AUM) for 2020. Christmas came early for many in the digital asset community by way of a statement from the U.S. Securities and Exchange Commission on December 23, 2020 that grants relief in the area of broker "custody" of digital asset securities. Not a member yet? On December 8, 2020, the U.S. House of Representatives approved final passage of a $740.5 billion annual defense policy bill, the William M. (Mac) Thornberry National Defense Authorization Act for Fiscal Year 2021b, By: Simon Beddow and Ian Ivory, Bryan Cave Leighton Paisner Our teams of software engineers and data scientists work beyond technology’s leading edge, leveraging the latest solutions in machine learning, big data, cloud computing and more. LAST WEEK: We suggested buying dips in FXI to $48.23 with stops honored on a close below $48 and with a target of $53. BAM was founded by Dmitry Balyasny, Scott Schroeder and Taylor O'Malley in 2001. Jared Hade is the Chief Financial Officer at BAM. Our legacy is built on striving for constant improvement and innovation. Bailey McCann, Opalesque New York: After years of calm markets, 2020 turned out to be the year tail risk funds were waiting for. He joined BAM in October 2014 as Managing Director of Performance Analytics before becoming the Global Head of PM and Analyst Development in 2016. We embrace new ideas, allocate capital to new approaches responsibly and scale what works. Jeff Runnfeldt is Global Head of Equities for Balyasny Asset Management. Prior to BAM, Jennifer was a Vice President in Morgan Stanley’s Prime Brokerage Sales group. He joined BAM in April 2015 as Director of Business Development. Taylor O’Malley is President and a Co-Founding Partner of BAM. Hedge funds, for example, got estimated net inflows of $13.0bn in 3Q 2020 but $11.2bn (82%) went to funds managing more than $5bn. Hedge fund industry AUM to reach all-time high driven by net inflows We would look to buy dips in FXI or related securities on a dip in FXI to $49.10 with stops below $48.60 and with an upside target for taking profits at $54. We think and act like long term business owners, making decisions to maximize benefits for all. Steven Goldberg joined BAM in January 2021 as the Global Head of Macro and became a member of the firm’s Investment Committee. In these roles, his responsibilities included the oversight and control of monthly closings, budgeting, treasury, tax structuring and tax compliance amongst other duties. "The future of ESG, Bailey McCann, Opalesque New York for New Managers: Hedge fund Sender Company & Partners ended January on a high note. Dave’s experience includes roles as the Regional Head of Recruitment at Bloomberg, LLP, Manager of Front Office Recruitment at Macquarie and Credit Suisse and a Corporate Recruiter for Morgan Stanley. BAM’s Hong Kong and San Francisco offices open. Paul earned his undergraduate degree from University of Pennsylvania (Wharton) and his MBA from Columbia University. A new p, Bailey McCann, Opalesque New York: A group of insurance industry veterans have come together to form Legeis Capital. Carson holds a B.S. BAM registered as an Investment Adviser with the U.S. Securities and Exchange Commission*. From 2000 to 2006, she was at Goldman Sachs’ Spear, Leeds and Kellogg division.