Balyasny recruits senior BlackRock credit exec
Balyasny Asset Management has hired Daniel Chen, a former co-head of BlackRock’s US investment-grade platform, as a portfolio manager in New York, adding senior credit expertise to its multi-strategy investment operation, according to a report by eFinancial Careers.
Balyasny Asset Management has bolstered its investment team with the hiring of Daniel Chen, a seasoned credit professional. The senior portfolio manager joins Balyasny from BlackRock, where he spent two decades honing his expertise in fixed-income investments. Chen's career began at the firm in 1999 after completing his MBA at NYU Stern, following his studies at the University of Pennsylvania's Wharton School.
His tenure at BlackRock included a pivotal role overseeing its global corporate bond fund in 2023. Chen departed from BlackRock in January 2026 to join Balyasny, bringing valuable experience to the multi-strategy investment operation led by Steve Goldberg and Nilson Kocher. The firm declined to comment on the move.
Written by urgent.news from Hedgeweek's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
