Key Takeaways
- • Balyasny Asset Management has hired Daniel Chen, former co-head of BlackRock's US investment-grade platform, as a portfolio manager in New York, according to a report by eFinancial Careers.
- • Chen spent 26 years at BlackRock after joining in 1999, rising to a senior role in its corporate bond platform.
- • In 2023 Chen took on a leading role overseeing BlackRock's global corporate bond fund, and left the firm in January 2026 before joining Balyasny.
- • The hire adds senior credit expertise to Balyasny's multi-strategy operation, whose fixed-income business is led by Steve Goldberg and Nilson Kocher.
Summary
Balyasny Asset Management has hired Daniel Chen as a portfolio manager in New York, adding senior credit expertise to its multi-strategy investment operation, according to a report by eFinancial Careers. Balyasny did not comment on the appointment.
Chen spent 26 years at BlackRock, joining the firm in 1999 after graduating from the Wharton School of the University of Pennsylvania. He completed an MBA at NYU Stern while at the asset manager and rose through its fixed-income business, becoming a senior figure in its corporate bond platform. Co-heading the US investment-grade platform, he was a prominent figure in the firm's credit franchise.
In 2023, Chen took on a leading role overseeing BlackRock's global corporate bond fund. He left the firm in January 2026 and has now joined Balyasny, according to his professional profile.
The appointment adds experienced fixed-income talent to Balyasny's investment platform. The firm's fixed-income operation is led by Steve Goldberg and Nilson Kocher, both of whom have backgrounds in macro investing.
Chen spent 26 years at BlackRock, joining the firm in 1999 after graduating from the Wharton School of the University of Pennsylvania. He completed an MBA at NYU Stern while at the asset manager and rose through its fixed-income business, becoming a senior figure in its corporate bond platform. Co-heading the US investment-grade platform, he was a prominent figure in the firm's credit franchise.
In 2023, Chen took on a leading role overseeing BlackRock's global corporate bond fund. He left the firm in January 2026 and has now joined Balyasny, according to his professional profile.
The appointment adds experienced fixed-income talent to Balyasny's investment platform. The firm's fixed-income operation is led by Steve Goldberg and Nilson Kocher, both of whom have backgrounds in macro investing.
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