Hedge fund Balyasny adds Morgan Stanley APAC MD moving home
Getting a shiny new role in finance often comes with a change of scenery. Christian Stassen, a Danish macro trader who previously moved from Hong Kong to Singapore when he made managing director at Morgan Stanley, has just changed homes again as he joins a hedge fund. This time, however, he's coming home.
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Stassen is joining Balyasny as a portfolio manager in Denmark after spending the last three years at Morgan Stanley in an undisclosed capacity. Writing on social media, he described his departure from APAC as "bittersweet," and said he was grateful that his kids could grow up in Hong Kong and Singapore, "two fun and safe cities."
Before Morgan Stanley, Stassen spent thirteen years at Goldman Sachs. He started as an analyst in London before moving to Hong Kong, where he spent a decade and ran the interest rate exotics and FICC hybrids trading desk. He first moved to Singapore with Goldman in 2019 to run the Southeast Asia macro trading desk for the firm.
Stassen's role at Balyasny is an on-site position in Copenhagen, but the closest office advertised on its site is in Aalborg, almost 200 miles away. It's not clear whether the fund is adding a new location in the capital, but it's thought to be building out its commodities business in the country.
In Balyasny's London office, December has also marked the long awaited arrival of Dan Avery, the ex-Millennium partner who made MD at Goldman Sachs aged just 28. He'll be setting up a delta one team for the hedge fund, and was thought to have been offered up to $25m to make the switch.
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