Balyasny Asia Revenue Jumps 82% to Record During Expansion Drive

Balyasny Asset Management’s Asia revenue jumped to a record last year as the global multistrategy hedge fund firm expanded its presence in the region, according to a top executive.

Regional revenue rose 82% from a year earlier, said Kevin Byrne, its New York-based chief operating officer, without providing a specific figure. Combined headcount across the firm’s Hong Kong, Singapore and Tokyo offices surged 40% over the last two years to about 250, out of a global total of more than 1,900, he said in an interview.