Harlan B. Korenvaes is the founder of HBK Investments, a global, multi-strategy alternative investment management firm based in Dallas, Texas. As of 2010, it manages approximately $5 billion and employs 190 individuals. In addition to the main offices in Dallas, the firm maintains satellite offices in New York, London, Tokyo, and Charlottesville, Virginia. Since inception in 1991, HBK's funds have delivered compounded returns of approximately 12%. He is also the former Managing Director of Merrill Lynch in charge of the firm's convertible arbitrage trading and sales.