Kevin Byrne, the Chief Financial Officer of multi-strategy hedge fund major Millennium Management, is defecting to rival firm Balyasny Asset Management, where he will take up the role of Chief Operating Officer, according to a report by Bloomberg.
Byrne ends a ten-year stay at Millennium, where he oversaw finance, corporate services and real estate, having previously spent 13 years at Goldman Sachs Group.
Millennium’s Chief Administrative Officer, Daniel Widawsky, is now set to take on the additional role of CFO.
