Jefferies’ head of European prime services sales departs for Balyasny Asset Management

Former Citadel COO becomes head, cash and liquidity management at hedge fund.

Dan Childs has departed his role as managing director, head of European prime services sales, EMEA to join Balyasny Asset Management.

The 20-year industry executive has taken on the role of head, cash and liquidity management at the hedge fund.

Childs had spent almost three years with Jefferies after co-founding treasury technology start-up Kayenta in 2018.

Prior to this, Childs spent the bulk of his career at Citadel, his final role as international COO after previously heading up treasury and operations.

He began his career as a software developer before joining RBC and then Societe Generale.

Childs recently contributed to The TRADE’s outsourced trading handbook, stating: “Over the last few years, we have seen wholesale change and increased adoption and engagement from the buyside toward outsource trading. Where hedge funds were the traditional users, we now see a far more diverse group of players, including managed accounts, allocators, insurance firms, family offices and sovereign wealth managers, to name but a few.”

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