ATLAS Scholars, Nonprofit Seeking to Transform the Financial Sector, Open Applications for 2022 Summer Cohort

Target 25 high school students from Chicago, New York and Teton County, Wyoming, from disadvantaged communities

Career Development Program Founded in 2021 with support from Balyasny Asset Management

CHICAGO, February 9, 2022 /PRNewswire/ ATLAS Fellows Inc. (“ATLAS Fellows” or “ATLAS”), a non-profit organization seeking to transform the financial industry by opening doors for bright, underfunded young people by giving them access to life-changing careers , today announced that applications are open for the second year of its career development program. The organization is poised to build on the success of its first cohort of 2021 students, which welcomed 17 students, with places for 25 scholars within the 2022 cohort. Applications are open to high school students with academic ability high standards, excellent leadership skills and intellectual curiosity who have a serious interest in a career in the financial sector.

Founded in 2021 with the support of Balyasny Asset Management, a global multi-strategy investment firm, ATLAS seeks to nurture a new generation of leaders in the financial sector by enabling young talents to unleash their full potential. ATLAS is led by the Executive Director Phoebe Andersona seasoned leader and former middle school teacher with more than two decades of experience working in local and national nonprofit organizations, including the National Association of Charter School Authorizers (NACSA), Communities in Schools (CIS) of Chicagoand Chicago Public schools.

“ATLAS strives to open doors for bright minds by providing access to the professional resources and mentorship needed as these students enter a critical period of discovery and career development,” said Ms. Anderson. “We are excited to kick off our second year of ATLAS by further expanding our program to a new class of fellows ready to succeed and broadening the demographics of finance professionals in the years to come.”

Through its programming, ATLAS seeks to overcome the four main barriers to successful completion of an undergraduate, post-graduate and career-readiness journey with a specific focus on financial support, real-world experiences, career guidance and the community. The program accepts students located anywhere Chicago, New York City and Teton County, Wyoming.

“The financial sector is currently missing some of the brightest young minds in our country who have strong ambition, talent and a work ethic, but simply little or no access to opportunities in the sector,” commented Dmitry Balyasny, co-founder, managing partner and chief investment officer of Balyasny Asset Management. “At BAM, we believe that bringing together intellectually curious and driven people from all walks of life is essential to innovation and success. It is for these reasons that we are pleased to support ATLAS and look forward to partnering with the new 2022 Fellows to help them reach their full potential and be an asset to the company.”

Throughout college and beyond, ATLAS supports scholars on their career development journey by providing access to:

  • Scholarships: ATLAS offers up to $20,000 one year of college financial aid. The Last Dollar Scholarship covers the remaining tuition after all grants and other aid have been applied. The scholarship is renewable annually, for up to four years

  • Internships: ATLAS Scholars receive four years of full-time paid summer internships at prestigious financial institutions beginning in the summer after high school graduation and throughout the summer between the junior academic year and senior of a fellow. Fellows are guaranteed a first-year internship at Balyasny Asset Management.

  • Mentorships: Each summer, ATLAS Scholars are paired with a mentor during their internship, offering one-on-one relationship advice, supervision, and personal and professional support. Fellows can continue to use mentors in the future for career advice and networking support. ATLAS also coordinates training and workshops that include personality and work style assessment, impostor syndrome, mentoring best practices, and office hours support.

  • Membership: The program does not end when scholars graduate. Fellows receive lifetime membership in the ATLAS community. Together, Scholars learn from and support each other, building relationships that last beyond college and into their professional careers.

Applications remain open until March 11, 2022, deadline. For more information, please visit: https://atlasfellows.org/.

About ATLAS Fellows

ATLAS was incubated at Balyasny Asset Management (BAM), a Chicagoglobal investment manager with over 1,000 employees. At the heart of BAM’s culture is a collaborative environment that enables a wide range of professionals to reach their highest potential. With this value in mind, BAM launched ATLAS to enable motivated students from diverse backgrounds to seize the opportunity to access careers in leading business and financial firms. BAM has always been forward-thinking, and ATLAS is no exception: it’s the only organization to offer multi-year college scholarships, community support, and paid summer internships at top financial firms.

In the summer of 2021, BAM welcomed the first cohort of ATLAS Fellows for their first paid summer internship.

About Balyasny Asset Management

Balyasny Asset Management (“BAM”) was founded by Dmitry Balyasny, Scott Schröder and Taylor O’Malley in 2001. What started as a single small office in Chicago trading primarily long/short equities has grown into a global multi-strategy institutional platform with 1,000 team members, 120 investment teams and 14 partners managing over $12 billion in AUM.

Balyasny’s investment platform spans multiple strategies: Long/Short Equities, Macro, Arbitrage Equities, Credit, Commodities and Growth Equities. We leverage the collective knowledge and experience of our team members across all sectors, asset classes, regions and markets to uncover profitable investment opportunities that bring value to our clients.

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SOURCE ATLAS Fellows

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