Investing
Ex-Point72 Duo Shutters Hedge Fund as One Joins Balyasny
- Chris LaSusa, Kevin Cottrell wound down KCL Capital in August
- Cottrell moving to Balyasny next month to trade TMT stocks
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Chris LaSusa and Kevin Cottrell have shuttered their stocks-focused hedge fund after nearly six years, with the latter moving to multi-strategy investment firm Balyasny Asset Management.
The duo, who previously worked together at Point72 for over a decade, wound down New York-based KCL Capital in August amid a difficult fund-raising environment, according to people with knowledge of the matter.