May Returns for Hedge Funds Like Millennium and Balyasny

May Returns for Hedge Funds Like Millennium and Balyasny

Steve Cohen’s $50.7 billion hedge fund has continued its strong run of returns with a 2% gain in May, a person close to the firm tells Business Insider. That gain puts Cohen’s firm at 10.5% for the year, following a 17.5% gain in 2025, when the manager outperformed its main rivals in the multistrategy space, … Read more