Key Takeaways
- • Balyasny reshuffled its applied AI team after Peter Anderson, its head of research for applied AI, moved into trading as head of autonomous strategies within the fund's fundamental equities division, according to eFinancialCareers.
- • Anderson, who joined Balyasny from Google and previously worked as a graduate equity researcher at Credit Suisse before completing a machine learning PhD, is reportedly tasked with translating fundamental equity research into trading algorithms.
- • Gearoid Murphy, a senior researcher from Google's X innovation lab and former CTO of an AI supply-chain project, was named Balyasny's new head of research for applied AI.
- • Balyasny hired Itamar Kestenbaum as a senior AI engineer in New York; he previously worked as a senior engineer on Meta's infrastructure team in New Jersey.
- • Chief AI officer Charlie Flanagan, also a Google alumnus, filled the vacancy with another Googler, reflecting continued reliance on Google-trained talent.
Summary
Balyasny has reshuffled its applied AI team after Peter Anderson, most recently head of research for applied AI, moved into a trading role, according to eFinancialCareers. Anderson is now head of autonomous strategies within the fund's fundamental equities group. Anderson joined Balyasny from Google, having previously worked as a graduate equity researcher at Credit Suisse before returning to school for a PhD in machine learning. eFinancialCareers noted that the title "autonomous strategies" sits uneasily within a fundamental research team, and suggested Anderson's remit may involve converting the fundamental research produced by Balyasny's equities researchers into trading algorithms. The fund operates a separate systematic trading division led by Francine Fang. Balyasny did not respond to a request for comment.
Chief AI officer Charlie Flanagan, also a Google alumnus, has filled Anderson's former position with another Google veteran. Gearoid Murphy, based in San Francisco, becomes head of research. Murphy was previously a senior researcher at X, Google's innovation lab, and most recently served as CTO of a project using AI to reduce waste, fragility and inefficiency in the global supply chain. He holds a PhD in evolutionary algorithms and has previously worked in the video game industry with physics engine provider Havok.
The fund has also hired Itamar Kestenbaum in New York as a senior AI engineer. He was most recently a senior engineer on the infrastructure team at Meta in New Jersey and previously spent several years at technology firms in Israel.
Chief AI officer Charlie Flanagan, also a Google alumnus, has filled Anderson's former position with another Google veteran. Gearoid Murphy, based in San Francisco, becomes head of research. Murphy was previously a senior researcher at X, Google's innovation lab, and most recently served as CTO of a project using AI to reduce waste, fragility and inefficiency in the global supply chain. He holds a PhD in evolutionary algorithms and has previously worked in the video game industry with physics engine provider Havok.
The fund has also hired Itamar Kestenbaum in New York as a senior AI engineer. He was most recently a senior engineer on the infrastructure team at Meta in New Jersey and previously spent several years at technology firms in Israel.
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