Balyasny hires Millennium portfolio manager Antoine Iskandar
Hedgeweek reports that Balyasny Asset Management is set to hire Antoine Iskandar, a senior portfolio manager at Millennium Management, according to a Bloomberg report. Iskandar, based in Zug, Switzerland, managed more than $600m at Millennium and had explored spinning out his own fund before deciding to join Balyasny. His team reportedly incurred losses running into tens of millions of dollars in 2026, despite cumulative profits over the preceding three years. Iskandar and representatives for both Millennium and Balyasny declined to comment.
Why “Unverified”
- Reported by Hedgeweek alone, with no second source or primary confirmation yet
1 independent source group across 1 post · evidence score 48/100. How labels work
What the sources claim
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Balyasny Asset Management is set to hire Antoine Iskandar, a senior portfolio manager at Millennium Management.
“Balyasny Asset Management is set to hire Antoine Iskandar, a senior portfolio manager at rival multi-strategy hedge fund Millennium Management”
Hedgeweek -
Iskandar managed more than $600m at Millennium.
“managed more than $600m at Izzy Englander's Millennium”
Hedgeweek -
Iskandar's team incurred losses running into tens of millions of dollars in 2026.
“reportedly incurred losses running into tens of millions of dollars in 2026”
Hedgeweek -
Iskandar had been in preliminary discussions with Millennium about a potential spinout before deciding to join Balyasny.
“Iskandar had been in preliminary discussions with Millennium about a potential spinout before deciding to join Dmitry Balyasny's firm.”
Hedgeweek -
Iskandar and representatives for both Millennium and Balyasny declined to comment.
“Iskandar and representatives for both Millennium and Balyasny declined to comment.”
Hedgeweek
Sources
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Summary and claims extracted by AI with prompt analyze-story@5 on 2026-10-15 11:10 UTC. Labels are computed from the sources, not by the model.