Dimitry Balasny, the boss of Balyasny Asset Management, has gone ‘back to school’ as part of an initiative to ensure the global multi-strategy hedge fund firm is able to recruit and train the ‘best people’, according to a report by eFinancial Careers.
In recent months, Balyasny has visited MIT, NYU and Princeton to address students and explain how his firm supports its employees with “various tech tools and data” and then allocates capital between them.
BAM already has an established graduate training programme which Balyasny told students involves “rotational internships”, as well as an early careers scheme aimed at analysts moving from banks to the hedge fund.
Balyasny has reportedly hired 120 interns this year with about one-third of those typically expected to be offered full-time positions.