Is Balyasny lucky number 4 to get face time with the FBI?
Maybe! The Chicago-based firm's activities are reportedly "being examined," and while it's unclear if anyone from the bureau showed up to their offices yesterday or this morning, a spokesman for the FBI said that his team is "executing court-authorized search warrants in an ongoing investigation" when asked about the fund.
This time last year, a complaint was filed alleging that an unnamed individual at Balyasny, supposedly one Mark Adams, provided material non-public info about EMC Corp, where he once worked, in 2008 and 2009 while he was at Balyasny Asset Management (Adams previously worked at SAC Capital from July 2005 to December 2007). Balyasny then cleared itself of wrongdoing following an internal review