32-year-old star ex-Goldman Sachs trader poached by hedge fund Balyasny one week into job

efinancialcareers.com:

Stanley Sheriff is hot property. Since leaving Goldman Sachs' London rates desk in 2018 he's worked for DRW, LMR Partners, Millennium, Taula Capital Management (seeded by Millennium) and — now — Balyasny Asset Management (BAM). 

Get Morning Coffee  ☕  in your inbox. Sign up here.

Seen as one of the top traders of his generation, Sheriff is thought to have been at Taula for less a month before Balyasny poached him for its Dubai office. Founded by Millennium portfolio manager Diego Magia and seeded with $3bn by the bigger fund, the Financial Times reported in January that Taula was due to be one of the biggest hedge fund launches of the year. It's expected to start trading soon, and Sheriff is understood to have been due to run a team there.

Not anymore. Instead, multiple sources say he's now expected to build a macro team at Balyasny's Dubai office. Balyasny didn't immediately respond to a request to comment; nor did Sheriff himself. 

Historically skewed towards long-short equity, Balyasny is emerging as a significant player in the macro space. In September, it hired James Watson, a former lead portfolio manager from Millennium in London. Sheriff will be among old friends: Balyasny also employs Caesar Yuan, a former colleague from the Goldman Sachs STIRT desk.

Have a confidential story, tip, or comment you’d like to share? Contact: +44 7537 182250 (SMS, Whatsapp or voicemail). Telegram: @SarahButcher.  Click here to fill in our anonymous form , or email editortips@efinancialcareers.com. Signal also available.

Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for