Balyasny Hedge Fund Tops Peers in July as Markets Rally
- Dmitry Balyasny’s firm up 2.3% last month, 10% year-to-date
- Griffin’s Citadel leads multistrategy rivals for the year
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Dmitry Balyasny beat his biggest hedge fund competitors in July, benefiting from the rally in stocks and bonds.
Balyasny Asset Management returned 2.3%, the best performance among his multistrategy peers, bringing year-to-date gains for the $6 billion firm to 10%, according to people familiar with the matter.