Balyasny Goes On PM Hiring Spree As SAC Loses Employees

Balyasny Asset Management ended the year with double digit positive returns in all three of its strategies, according to an investor letter reviewed by ValueWalk. Atlas Global generated the lowest returns of the group, up 13.11% on the year.  The AEF fund generated 21.14% and the AIF fund returned 15.14% for the year.  All yearly returns more than doubled the fund’s 2012 performance. In the 4th quarter, Atlas Global positive returns in Equities, Macro, and Credit, according to the investor letter, noting that a positive skew in win percentage was a key factor. “The outstanding performance (was due) to one…