Business & Tech

Global Investment Firm Balysany Asset Management To Expand To Stamford

The hedge fund, which has over $21 billion in assets under management, has 22 offices in the U.S., Canada, Europe, Middle East and Asia.

According to a news release from commercial real estate firm Newmark, Balysany Asset Management has leased 10,464 square feet of office space in Stamford.
According to a news release from commercial real estate firm Newmark, Balysany Asset Management has leased 10,464 square feet of office space in Stamford. (Richard Kaufman/Patch)

STAMFORD, CT — Global investment firm Balysany Asset Management will expand to Stamford with a new office at 2187 Atlantic St.

According to a news release from commercial real estate firm Newmark, Balysany has leased 10,464 square feet of office space on the seventh floor of the Class A property.

The 110,000-square-foot building is newly renovated and in the heart of Stamford’s Harbor Point section. Newmark says the building is 87 percent occupied, with six new leases and a renewal signed since January 2023.

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Amenities at the building include a fitness center and shuttle service to and from the nearest train station, which provides access to New York City via a 53-minute commute.

"The ongoing trend of financial services firms expanding and/or relocating to Greenwich and Stamford highlights the area’s appeal, particularly in vibrant locations like Harbor Point," said Newmark Managing Director Benjamin Goldstein in a news release. "Stamford offers a blend of accessibility, modern office environments, lifestyle amenities and financial services talent that continues to attract top-tier tenants."

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Balysany will maintain its existing office 25,000 square foot office in Greenwich at 1 Fawcett Place, as well as its newly expanded space in New York City on Fifth Avenue, according to a news release. The hedge fund also has 22 offices throughout U.S. and Canada, Europe, the Middle East and Asia.

According to the company website, Balysany Asset Management was founded in 2001 by Dmitry Balyasny, Scott Schroeder and Taylor O'Malley. The company has over $21 billion in assets under management and employs more than 2,000 people.

"The firm’s investment teams span five strategies, including Equities Long/Short, Fixed Income & Macro, Commodities, Multi-Asset Arbitrage, and Systematic," the company website notes. "Balyasny’s mission is to deliver to its investors absolute, uncorrelated returns in all market environments."

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