Hedge Funds: Balyasny Tops Millennium, Citadel Amid Turbulence

March 4, 2025, 4:00 PM UTC

Welcome to the Hedge Funds Brief, your weekly read on the industry, including market calls, personnel moves and performance.

Headlines

Dubai is opening a building dedicated primarily for hedge fund startups looking to expand into the city that’s emerged as a growing hub for the sector.

Balyasny gained the most among the world’s biggest multimanager hedge funds in February as tariff threats and bubbling economic concerns shook markets.

Man Group reported inflows for the fourth quarter, as clients of the world’s largest publicly traded hedge fund piled into the firm’s long-only offerings.

Less than a year after launching a hedge ...

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