(HedgeCo.Net) — A powerful shift is underway in the hedge fund industry—one that is quietly redrawing the competitive landscape of multi-strategy investing. As flagship platforms like Citadel and Millennium Managementincreasingly hit capacity limits, institutional capital is now flowing aggressively into a new class of firms often labeled the “second tier.” Names such as Balyasny Asset Management, Schonfeld Strategic Advisors, and ExodusPoint Capital Management are rapidly emerging as the next f...
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