AdvisorCensus / Financial advisors / Illinois / Chicago / Balyasny Asset Management L.P.
Balyasny Asset Management L.P. is an SEC-registered investment advisory firm in Chicago, IL, registered since 2006, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated June 30, 2026.
Quick answers
From the filingHow is Balyasny Asset Management L.P. compensated?
On its Form ADV (Item 5.E, October 2026), Balyasny Asset Management L.P. reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other.
Where is Balyasny Asset Management L.P. located?
Balyasny Asset Management L.P.'s principal office is in Chicago, IL, according to its Form ADV; the July 2026 filing also lists 28 other offices (Schedule D, Section 1.F).
Is Balyasny Asset Management L.P. registered with the SEC or a state?
Balyasny Asset Management L.P. is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 138111.
How much does Balyasny Asset Management L.P. manage?
Balyasny Asset Management L.P. reports $248,144,627,283 in regulatory assets under management in its Form ADV filing dated June 30, 2026 (100% discretionary).
How have Balyasny Asset Management L.P.'s assets and staff changed since 2021?
In the Form ADV data for Balyasny Asset Management L.P.: Regulatory assets under management: $160,245,322,413 in the October 2021 data and $248,144,627,283 in the October 2026 data, up 55%. Total employees: 699 in October 2021 and 2,434 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Balyasny Asset Management L.P. serve?
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (48).
Does Balyasny Asset Management L.P. report any disciplinary disclosures?
Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/138111
What changed in Balyasny Asset Management L.P.'s recent Form ADV filings?
In the July 2026 filing data: Changed its office addresses in Copenhagen. Changed its office addresses in Warsaw. Added an office in Greenwich, CT.
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Performance-based fees
- Other
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2ASee the firm's brochure (dated March 27, 2026) for its fees and any account minimum, on the SEC's IAPD site.
Regulatory assets under management
Item 5.F$248,144,627,283 as of October 2026, filing dated June 30, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for pooled investment vehicles (other than investment companies)
Registration and firm details
Items 1, 2, 5- Also doing business as
- BALYASNY ASSET MANAGEMENT (AD) LIMITED (RELYING ADVISER), BALYASNY ASSET MANAGEMENT (CANADA) ULC (RELYING ADVISER), BALYASNY ASSET MANAGEMENT (EQVOL) L.P. (RELYING ADVISER), BALYASNY ASSET MANAGEMENT (EUROPE) FONDSMAEGLERSELSKAB A/S (RELYING ADVISER), BALYASNY ASSET MANAGEMENT (HONG KONG) LIMITED (RELYING ADVISER), BALYASNY ASSET MANAGEMENT (JAPAN) LIMITED (RELYING ADVISER), BALYASNY ASSET MANAGEMENT (MIDDLE EAST) LIMITED (RELYING ADVISER), BALYASNY ASSET MANAGEMENT (PUERTO RICO) LLC (RELYING ADVISER), BALYASNY ASSET MANAGEMENT (SINGAPORE) PTE. LTD. (RELYING ADVISER), BALYASNY ASSET MANAGEMENT (UK) LLP (RELYING ADVISER), BALYASNY CAPITAL MANAGEMENT, LLC (RELYING ADVISER), BALYASNY KOREA LTD. (RELYING ADVISER), BALYASNY MANAGEMENT (DENMARK) APS (RELYING ADVISER), BAM CORNER POINT MANAGEMENT, LLC, CORBETS CAPITAL, LONGAEVA PARTNERS L.P. (RELYING ADVISER)
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2006 (20 years)
- Employees
- Total: 2,434. Performing investment advisory functions: 1,026.
- Wrap fee program participation
- No.
- Other offices (Schedule D, Section 1.F)
-
28 other offices, as of the July 2026 filing
- States registered or notice-filed
- Not reported.
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 111 Reports 1 disclosure item on Form ADV Item 11. View on IAPD.
Questions answered yes on this filing
Regulatory matters Items 11.C to 11.G
- 11.D(2) Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?
Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. What happened, and who was involved, is on the Disclosure Reporting Pages of the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $248,144,627,283 | 2,434 | June 30, 2026 |
| October 2025 | $265,152,428,778 | 2,063 | May 29, 2025 |
| October 2024 | $248,044,764,038 | 1,857 | September 19, 2024 |
| October 2023 | $184,422,571,256 | 1,651 | September 5, 2023 |
| October 2022 | $180,959,433,560 | 1,048 | September 16, 2022 |
| October 2021 | $160,245,322,413 | 699 | July 19, 2021 |
Regulatory assets under management: $160,245,322,413 in the October 2021 data and $248,144,627,283 in the October 2026 data, up 55%.
Total employees: 699 in October 2021 and 2,434 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- July 2026
- Changed its office addresses in Copenhagen.
- Changed its office addresses in Warsaw.
- Added an office in Greenwich, CT.
- April 2026
- Employees performing advisory functions went from 869 to 1026.
- Added the business name Balyasny Asset Management (AD) Limited (relying Adviser).
- Added the business name Balyasny Asset Management (puerto Rico) LLC (relying Adviser).
- Added the business name Balyasny Asset Management (europe) Fondsmaeglerselskab A/S (relying Adviser).
- No longer lists the business name Balyasny Asset Management (europe) Fondsm?glerselskab A/S (relying Adviser).
- Changed its office addresses in Austin, TX.
- Changed its office addresses in Chicago, IL.
- Changed its office addresses in London.
- Changed its office addresses in Tokyo.
- Added an office in Abu Dhabi.
- Added an office in San Juan, PR.
- March 2026
- Changed its office addresses in New York, NY.
- November 2025
- No longer lists an office in Englewood, CO.
- Updated its list of owners and control persons (Schedule A).
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Balyasny Asset Management L.P. (CRD 138111): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/balyasny-asset-management-l-p-chicago-il-138111