The company hires interns for roles on its Investment, Technology, and Business Infrastructure Teams, with the aim of converting top performers to full-time employees.
Balyasny describes talent development as a strategic priority for the firm and its investors. It cites hands-on experience and custom training programs for people at all roles and experience levels.
Zap Energy closes a $130 million funding round led by Soros Fund Management, bringing its reported total funding to $327 million. New investors include BAM Elevate, Emerson Collective, Mizuho Financial Group, and Xplor Ventures, while Breakthrough Energy Ventures, Chevron Technology Ventures, Energy Impact Partners, Lowercarbon Capital, and Shell Ventures also participate. The Everett-based fusion startup uses a sheared-flow stabilized Z-pinch approach and says its commercial-scale reactor can generate 50 megawatts of electricity.