Millennium rehires macro PM from Balyasny
Millennium Management is set to rehire James Watson, a senior macro portfolio manager who recently departed Balyasny Asset Management (BAM) in London, according to a report by eFinancial Careers citing unnamed people familiar with the move. Watson joined Balyasny from Millennium in September 2024, having spent almost seven years at the multi-strategy hedge fund. During his previous tenure, he is…
Millennium Management is planning to bring back James Watson, a former senior macro portfolio manager from Balyasny Asset Management in London, according to eFinancial Careers, which cited unnamed sources familiar with the situation. Watson had been with Balyasny since September 2024, having previously worked at Millennium Management for nearly seven years.
At Balyasny, he oversaw a trading team of more than 20 people and also oversaw a smaller team when he was at Millennium. The current state of Watson's team at Balyasny is uncertain, as several of its members, including Aditya Singh and George Tyrell, have already left the firm. Both Singh and Tyrell had previously worked at Goldman Sachs before joining Balyasny in 2024.
Watson's former colleague Olek Gajowniczek, who was previously at Nomura, is also rumored to have ties to Watson's team. Additionally, it is rumored that John Sun, who is currently working for Balyasny in New York, may also be joining Millennium. Neither Millennium nor Balyasny have commented on the reported moves, and Watson did not respond to a request for comment.
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