Stephen Cohen’s loss at former hedge fund SAC Capital Advisors is apparently Dmitry Balyasny’s gain at Balyasny Asset Management (BAM).

Sources attribute Balyasny’s large increase in assets under management in the last 10 months to many former institutional clients from SAC, who was forced to shutter managing outside client assets in the wake of an insider trading scandal

Please login to view the rest of this article - Not subscribed? Get our adfree exclusive content for only a few dollars a month.

It also helps us fund our operations so think of it as supporting quality journalism.