Balyasny Asset Management L.P. is a large advisory firm based in Chicago. It manages $157.89 billion of regulatory assets for 24 client accounts. It has been registered with the SEC as an adviser since 2006.
Balyasny Asset Management provides portfolio management for pooled investment vehicles and portfolio management for private investment funds. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Balyasny Asset Management L.P. is $157.89 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 28370% since the beginning of its operation, and $79.26 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Balyasny Asset Management L.P. for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The only and largest group of clients of Balyasny Asset Management is pooled investment vehicles with 24 clients and $157.89 billion of assets under management. Among the 10 most similar advisory firms, Balyasny Asset Management has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $157.89 billion for 24 clients. 54% of the firm’s clients are foreign persons or businesses.
Balyasny Asset Management also advises several private funds. Namely, fifteen hedge funds. The minimum investment commitment required of non-related persons ranges from $0 to $5,000,000.
The company employs 574 people that are either part- or full-time employees. 42 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There are 4 people with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Balyasny Asset Management L.P. performs its advisory services is located at 444 W. Lake Street, Chicago, IL 60606 The mailing address of the firm is 767 5 Th Ave, 35 Th Floor, New York, NY 10153. An additional office of the firm is in Houston, TX. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 312-499-2999 or by fax 312-499-2998. The normal business hours are 8am - 4pm on Monday - Friday. You can find more information about the New York firm at bamfunds.com.