Balyasny Hires LNG’s Mitra to Help Expand Europe Credit BusinessKatie Linsell
Balyasny Europe Asset Management LLP, a unit of the $7.2 billion hedge fund firm run by Dmitry Balyasny, said it hired Steven Mitra as a credit fund manager in London.
Mitra started at Balyasny this month after leaving London-based hedge fund LNG Capital LLP in September, according to Colin Lancaster, a spokesman for the firm. The Chicago-based company is expanding its investment staff in London and planned to have 12 money managers based in the U.K. capital by the start of this year, Bloomberg reported in November.
“We are pleased to be adding a high-quality portfolio manager to our team,” said Lancaster, who is a senior managing director at the firm based in Chicago.
Simon Taylor, a former a partner at BTG Pactual, joined Balyasny as part of the expansion in London.
Mitra previously worked at Bear Stearns Cos. and RAB Capital Ltd., according to his LinkedIn profile. He declined to comment on the move.
“We wish Steven the best in his new endeavour,” said Louis Gargour, chief investment officer at LNG. “He was a great contributor to the business and will be missed.”
Holly Grainger replaces Mitra at LNG, Gargour said.