Balyasny Asset Management: Platform Profile

Overview

Balyasny Asset Management is a global multi-strategy asset manager.

Current legal adviser:

• Legal adviser: Balyasny Asset Management L.P.
• CRD: 138111
• SEC number: 801-66002
• SEC registered investment adviser: Yes

Current first-party site:

• Public AUM: $38B
• Public AUM as of: 2026-08-01
• Global locations: 20+
• Investment team and support professionals: 2,000+

May fit better for

• qualified private-fund investors;
• institutional multi-strategy allocators;
• investors seeking equity long/short;
• investors seeking fixed-income/macro;
• investors seeking systematic or commodities strategies;
• investors comfortable with master-fund and portable-alpha structures.

May fit less well for

• ordinary retail investors;
• users seeking one BAM strategy;
• investors looking for one universal minimum;
• users who interpret $0 master-fund minimums as public access;
• investors uncomfortable with short selling and leverage;
• users who expect "uncorrelated" to mean losses cannot occur.

Five core strategy businesses are current

Current first-party taxonomy:

1. Equities L/S;
2. Fixed Income & Macro;
3. Commodities;
4. Multi-Asset Arbitrage;
5. Systematic.

Equities L/S

Current site describes:

• fundamental sector-specific research;
• more than 300 analysts;
• about 70 portfolio managers.

Fixed Income & Macro

Current platform includes:

• directional;
• relative value;
• semi-systematic strategies.

Commodities

Current activity is driven by supply/demand analysis and technology/data.

Multi-Asset Arbitrage

Current strategy includes:

• event;
• arbitrage;
• convertibles;
• credit;
• single-name and index opportunities.

Systematic

Current systematic business uses proprietary technology and mathematical models.

Current public AUM is $38B

First-party homepage:

• Public AUM: $38B
• Public AUM as of: 2026-08-01

Regulatory AUM is $248B

Form ADV filings show:

• Regulatory AUM: $248B
• Regulatory AUM as of: 2026-06-30

Atlas vehicle minimum references vary dramatically

Current regulatory examples:

• Atlas Diversified Master minimum: $5M
• Atlas Enhanced Master minimum: $5M
• Atlas Master minimum: $5M
• Atlas Enhanced Portable Alpha Master II minimum: $50M
• Atlas Enhanced Portable Alpha Master III minimum: $750M
• Atlas Macro Master ADV minimum: $0

Atlas Macro's gross assets are not BAM's net AUM

Current regulatory private-fund data show very large Atlas Macro master-fund gross assets.

Fee methods include performance compensation and pass-through expenses

Current regulatory profile:

• Asset based fees possible: Yes
• Performance based fees possible: Yes
• Other fees possible: Yes
• Pass through of certain expenses possible: Yes

Current first-party risk disclosure is explicit

Balyasny states that investments in its funds are speculative and involve a high degree of risk.

Current disclosure specifically identifies:

• short selling;
• leverage;
• risk of investment loss.

Uncorrelated-return objective is not a guarantee

Current site describes an objective of consistent, uncorrelated returns.

Correlation can change.

Current risk-management architecture operates at multiple levels

Current first-party risk page describes:

• team-level risk;
• strategy-level risk;
• firm-level aggregate risk;
• dynamic guidelines.

Applied AI supports investment teams

Current 2026 first-party materials describe an Applied AI team deploying AI tools into investment workflows.

Assessment

Balyasny is a broad multi-strategy platform rather than one flagship investment style.

Its public $38B AUM figure is dated August 1, 2026.

Its $248B regulatory AUM is a different measure.

The private-fund data make the same point about access: current vehicle references range from $0 at master-fund level to $750M for one portable-alpha structure.

There is no defensible firmwide minimum.