Balyasny technology portfolio manager Elliott Wilson is heading to $3.7 billion Citadel spinoff Woodline Partners

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 the $3.7 billion Woodline Partners, sources told Insider. Sources said Wilson is set to focus on software investing in his new role at Woodline.

Prior to joining the $9 billion Balyasny in 2019, Wilson was a portfolio manager at Ken Griffin’s Citadel for nearly a decade, and also worked for Steve Cohen’s SAC Capital. Woodline, 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, its website said. While the firm’s offices are in the financial district of San Francisco, Woodline invests in equities in Europe and Asia, as well as in the US.

Wilson is set to join many former Citadel colleagues at Woodline. Beyond Rockefeller and Kroeker, former Citadel employees include Matthew Hooker, Erin Mullen, and Roshan Raman — Woodline’s chief operating officer, chief compliance officer, and head of quant research, respectively.

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

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

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