Insider

Balyasny technology portfolio manager Elliott Wilson is heading to $3.7 billion Citadel spin-off Woodline Partners

Summary List PlacementElliott Wilson is taking his talents to a different hedge fund in San Francisco. Wilson, a technology portfolio manager for Balyasny in the Bay Area, is joining $3.7 billion Woodline Partners, sources told Insider. Sources said Wilson will focus on software investing in his new role at Woodline. Prior...

Balyasny

Summary List Placement

Elliott Wilson is taking his talents to a different hedge fund in San Francisco.

Wilson, a technology portfolio manager for Balyasny in the Bay Area, is joining $3.7 billion Woodline Partners, sources told Insider. Sources said Wilson will focus on software investing in his new role at Woodline.

Prior to joining $9 billion Balyasny in 2019, Wilson was a portfolio manager for Ken Griffin’s Citadel for nearly a decade and also worked for Steve Cohen’s SAC Capital. Woodline, which was one of 2019’s biggest launches with $2 billion in investor commitments, was founded by former Citadel portfolio managers Mike Rockefeller and Karl Kroeker. 

The young fund focuses on technology and healthcare investing, according to the manager’s website. While the firm’s offices are in the financial district of San Francisco, Woodline invests in equities in Europe and Asia as well as the US. 

Wilson will join many former Citadel colleagues at Woodline. Beyond Rockefeller and Kroeker, the firm’s chief operating officer Matthew Hooker, chief compliance officer Erin Mullen, and head of quant research Roshan Raman, along with several portfolio managers, are former Citadel employees.

Wilson moved to Balyasny in 2019, when Citadel and Balyasny were aggressively poaching talent from each other on the investment and business development sides of the business.

Balyasny had a banner year in 2020, returning 33% in the firm’s flagship fund, Atlas Enhanced. The firm hired a net of 40 new portfolio managers last year, according to Bloomberg, bringing the firm’s total to 107. 

Balyasny declined to comment. Woodline and Wilson did not respond to requests for comment. 

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