Key Takeaways
- • Millennium Management is set to rehire James Watson, a senior macro portfolio manager who recently left Balyasny Asset Management's London office, according to eFinancial Careers citing unnamed people familiar with the move.
- • Watson previously spent almost seven years at Millennium before joining Balyasny in September 2024; at Millennium he is understood to have managed a trading team of more than 20 people.
- • Several members of Watson's Balyasny team have already departed, including Aditya Singh and George Tyrell, who joined from Goldman Sachs in 2024 and left in July per the UK Financial Conduct Authority register.
- • Reports suggest John Sun, who works for Balyasny in New York, could also move to Millennium, though this remains unconfirmed.
- • Neither Millennium nor Balyasny has commented publicly, and Watson did not respond to a request for comment.
Summary
Millennium Management is set to rehire James Watson, a senior macro portfolio manager who recently departed Balyasny Asset Management (BAM) in London, according to a report by eFinancial Careers citing unnamed people familiar with the move. The report indicates the move would return Watson to the multi-strategy hedge fund where he spent almost seven years before joining Balyasny in September 2024. During his earlier tenure at Millennium, he is understood to have managed a trading team of more than 20 people.
At Balyasny, Watson also built a team, though on a smaller scale. The future of that group is unclear following his exit, although several members have already left the firm. According to the UK Financial Conduct Authority's register, Aditya Singh and George Tyrell, both of whom joined Balyasny from Goldman Sachs in 2024, departed in July. Olek Gajowniczek, formerly of Nomura, has also been linked to Watson's team.
Separately, there are suggestions that John Sun, who works for Balyasny in New York, could also be moving to Millennium. These reports have not been confirmed.
Neither Millennium nor Balyasny has commented on the reported moves, and Watson did not respond to a request for comment.
At Balyasny, Watson also built a team, though on a smaller scale. The future of that group is unclear following his exit, although several members have already left the firm. According to the UK Financial Conduct Authority's register, Aditya Singh and George Tyrell, both of whom joined Balyasny from Goldman Sachs in 2024, departed in July. Olek Gajowniczek, formerly of Nomura, has also been linked to Watson's team.
Separately, there are suggestions that John Sun, who works for Balyasny in New York, could also be moving to Millennium. These reports have not been confirmed.
Neither Millennium nor Balyasny has commented on the reported moves, and Watson did not respond to a request for comment.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.