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Balyasny Hedge Fund Firm Loses About 10 Macro Traders

  • Some traders in its Anthem training program were cut
  • Atlas Enhanced fund lost 2.6% this year through March 16
Updated on

Dmitry Balyasny’s hedge fund firm saw about 10 macro traders leave last week as two of its main multistrategy funds lost money this year and it moved to reduce costs.

Some employees were cut from Balyasny Asset Management’s Anthem training program, including its head, Mitesh Parikh, said people with knowledge of the matter. Anthem was started in 2016 for younger managers, who were given small pools of capital to invest, and has made money since inception, the people said.