Schachter quits Sac for BAM
Barry Schachter, a prominent name in the financial engineering industry, has left his role as head of risk management at $4 billion hedge fund Sac Capital Advisors to join rival Balyasny Asset Management (BAM).
Schachter is a fellow of the program in mathematics in finance at the Courant Institute of New York University. Prior to his move into the hedge fund industry, he held roles at Chase Manhattan, the US Comptroller of the Currency, the US Commodity Futures Trading Commission and several universities.
Sac is currently seeking a replacement.
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