SAC Capital's Rival Hedge Funds Set To Gain Amid Exodus

After SAC Capital closed its London office, the rehiring of former SAC employees and reinvestment of the redeemed SAC funds became a hotly debated topic. Back in June, we did a story in which our sources confirmed that redemptions from SAC Capital were more likely to settle in funds that followed a strategy similar to SAC’s. We explained that funds like Balyasny Asset Management were likely to host SAC money against multi-strategy funds like Hutchin Hill. Balyasny, Moore Capital conducting interviews A recent piece by Harriet Agnew and Jenny Strasburg in the Wall Street Journal reiterates what we have said earlier….