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Steve Cohen's Point72 Hires Macro Team From Balyasny

  • A group of five jumped after a short stint at Balyasny
  • Point72 hedge fund has returned 4.6% this year through April
Point72 Revamps Big Data Group With New Boss After Early Stumble

Photographer: Emile Wamsteker/Bloomberg

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Steve Cohen’s Point72 Asset Management is beefing up macro investing by poaching a five-person team from Balyasny Asset Management.

Portfolio managers Zorin Finkelsen, Dudley Hoskin, Jamie Pullen and two analysts recently joined Point72, said people familiar with the moves. They jumped after starting at Dmitry Balyasny’s firm late last year. Before that, they worked together at Paul Tudor Jones’s shop. Peter Williams, another Balyasny portfolio manager, also left for Point72 earlier this year.