Balyasny Asset Management, the $12.1bn hedge fund that has been aggressively building its headcount in both London and the U.S. this year, has continued its hiring spree by poaching a top hedge fund sales executive from UBS.
Nathali Tirado, who was head of a specialist hedge fund sales unit targeted at the energy sector, joined Balyasny as a managing director focused on business development in New York.
Tirado spent more than seven years at UBS as a managing director within a specialist equity sales role. Her job was a cross-over between research and sales, which involved analysis of the oil and gas market, and working with sales, trading and research to provide services for hedge funds focused on the energy sector. Before joining UBS in April 2010, she worked in oil and gas equity research at Credit Suisse.
She is the latest hire by Balyasny, which has been poaching from investment banks and rival hedge funds after it doubled its assets under management to $12.1bn last year. Founded in 2001 by Dmitry Balyasny, the firm has been hiring across strategies to fulfil its ambition to become the ‘Amazon’ of hedge funds to allow it to capitalise on various types of market conditions. The firm currently has 23 job openings including two roles for long-short equity portfolio managers, one macro PM and a systematic PM as well as various quant and technology vacancies.
Balyasny has been poaching from large investment banks in both London and New York. In April it hired Mukhtar Garadaghi, a former Citigroup equity researcher, and Jeremy Andre, a Goldman Sachs derivatives trader. More recently, it hired Amol Pai, who joined as a portfolio manager on its fixed income team in August, having spent the past five years as a trader at Citadel in New York, and Ulrich Brandt-Pollmann as head of systematic strategies from Credit Suisse.
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