Balyasny hires Millennium portfolio manager Antoine Iskandar
Balyasny Asset Management is set to hire Antoine Iskandar, a senior portfolio manager at rival multi-strategy hedge fund Millennium Management, who had previously explored spinning out his own fund, according to a report by Bloomberg. Iskandar, who is based in Zug, Switzerland, managed more than $600m at Izzy Englander's Millennium, according to people familiar with the matter. His team, which…
Balyasny Asset Management is set to welcome Antoine Iskandar as a senior portfolio manager, according to a Bloomberg report. Iskandar, who previously managed over $600 million at Millennium Management, has now chosen to join Dmitry Balyasny's firm. Based in Zug, Switzerland, Iskandar's team specializes in equities, relative value, and equity derivatives strategies.
Despite managing these strategies profitably for three years, they incurred significant losses in 2026. Iskandar had previously considered spinning out his own fund but ultimately decided to join Balyasny. The move highlights the ongoing competition for top talent among major multi-strategy hedge funds, with firms actively seeking to attract skilled portfolio managers even amidst recent losses.
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