Discover your dream Career
For Recruiters

Hedge fund Balyasny adds Millennium alum & ex-struggling crypto firm executive

Balyasny has been one of the quieter hedge funds when it comes to crypto, but it still appears to appreciate talent in the space. Its most recent hire not only has experience at major hedge funds like Millennium, but was an executive at a major crypto fintech.

Click here to sign up for our fintech newsletter 🤖

Samuel Donat joins Balyasny as its head of enterprise technology. He's spent the last seven months as a consultant for Steve Cohen's fund Point72, and was COO of bitcoin infrastructure firm NYDIG (New York Digital Investment Group) for nearly three years. NYDIG recruited some impressive TradFi alumni including a Goldman Sachs partner in the past but, after laying off 33% of staff amid the FTX crisis, social media data suggests the headcount has more than halved at the firm. Donat left around a year after the layoffs were announced.

In a former pre-crypto life, Donat was COO of Stone Ridge Asset Management. He was also Millennium's global head of corporate technology from March 2013 to March 2018.

Not all of NYDIG's TradFi departures have returned from whence they came. Martin Miner, a former SVP at D.E. Shaw, was global head of operations for three years; he joined cloud-based investment management fintech Enfusion last month as a managing director.

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 your comment to appear. Eventually it will – unless it’s offensive or libelous (in which case it won’t.)

author-card-avatar
AUTHORAlex McMurray Editor

Sign up to Morning Coffee!

Coffee mug

The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.

Boost your career

Find thousands of job opportunities by signing up to eFinancialCareers today.
Recommended Articles
Recommended Jobs
DTG Capital Markets
Proprietary Trader (US, remote)
DTG Capital Markets
New York, United States
Man Group plc
Portfolio Manager (Macro)
Man Group plc
London, United Kingdom
Deutsche Bank
Trader - Vice President
Deutsche Bank
New York, United States

Sign up to Morning Coffee!

Coffee mug

The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.