Dossier
Balyasny
Coverage of Balyasny in the Nexus archive.
- Ken Griffin's talent machine is getting bigger with its most competitive intern class ever
Citadel and Citadel Securities accepted 0.36% of interns from over 115,900 applicants, forming their largest class of 350 interns. The interns, primarily from technical backgrounds and top universities, include PhD holders and focus on quantitative research, trading, and engineering. The firms emphasize hiring young talent despite AI-driven workforce changes.
- May hedge fund returns: Steve Cohen's Point72 leads the way among the industry's biggest names
Steve Cohen's Point72 gained 2% in May 2026, achieving a 10.5% year-to-date return. Other major hedge funds like Millennium and Citadel also posted gains, though they underperformed the S&P 500's 11% surge driven by tech and AI stocks. Walleye and North Rock reported small losses for the month.