Four stock-picking portfolio managers left Balyasny in early August. The $20 billion fund is trailing its peers in performance this year. Multi-strategy hedge fund Balyasny Asset Management saw a handful of departures in its stock-picking business earlier this month, according to people familiar with the matter. Four portfolio managers exited the $20 billion fund in early August, the people said, including Neville Irani, Colin Kronewitter, Ben Shapiro, and Jason Temerowski. Balyasny trails its peers in performance this year, returning 1.3% through July.

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Persons: Neville Irani, Colin Kronewitter, Ben Shapiro, Jason Temerowski Organizations: Management Locations: Balyasny