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A 3-alarm fire broke out at Steve Cohen's Point72 Asset Management on Saturday morning

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fire point 72, sac fire

On Saturday morning, a multi-alarm fire broke out at the headquarters of Point72 Asset Management (formerly SAC Capital), the $11 billion family office hedge fund run by billionaire Steven A. Cohen.

Just before 8:30 a.m. ET, the Stamford Fire Department responded to a two-alarm fire at 72 Cummings Road in Stamford, Connecticut. It later became a three-alarm fire.

The fire department tweeted that the fire "was initially reported as smoke from roof of commercial office building." 

By 10:30 a.m. ET, the fire department said the fire was under control and the firefighters were starting to clear the scene.

"The fire was small, confined to the roof of 72 Cummings Point Road (CPR), and quickly extinguished by the Stamford Fire Department," Point72 spokesperson Mark Herr told Business Insider.

"Our initial examination of the building showed some water damage in the pantry area on the second floor, but no other material damage to the building.  We are doing a more thorough assessment of the building and are closing the building for the weekend as we do so." 

The fire began when a welder's torch, being used to install a new HVAC unit, ignited a small portion of the roof.

Two of the workers were taken to the hospital with non-life threatening injuries, the Stamford Fire Department said. No Point72 employees were hurt.

The trading floor and data room was unaffected, the Stamford Fire Department said.

Jon Tenca from Puck Stopper Photography shot a number of photos of the blaze this morning. He was kind enough to share them with Business Insider. There are more images posted on Puck Stopper's website.

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