Steve Cohen's Still Got It
Steve Cohen's new family office, Point72 Asset Management, had a good year.Matthew Goldstein at Dealbook reports that the firm, which now manages only Cohen's family money, made a gross profit of...
View ArticleHedge fund billionaire Steve Cohen is recruiting at colleges
BOSTON (Reuters) - Billionaire Steven A. Cohen, who oversees only his personal fortune after decades of running one of the world's biggest hedge funds, wants to recruit newly minted college graduates...
View ArticleA hedge fund reportedly fired a trader because he was IM'ing another trader...
Last month, energy trader Nick O'Grady sued his former employer, hedge fund giant BlueCrest Capital Management, over an unpaid $1.28 million bonus.In the complaint, he said he was fired "without cause"...
View ArticleSteve Cohen's fund is going quant
Steve Cohen's Point72 Asset Management is moving into quantitative investing.According to Bloomberg, the firm has 30 new hires dedicated to building investing models that use computer analysis of...
View ArticleHedge funder Steve Cohen is starting a venture capital fund
Legendary hedge fund manager Steven Cohen is starting a venture capital fund. According to a report from Bloomberg News, Cohen's Point72 Asset Management has started a unit called Honeycomb Ventures...
View ArticleAll of the sudden, Steve Cohen's super-secretive hedge fund is doing a bunch...
Notoriously press-shy fund manager Steve Cohen appears to be trying to rebrand his super-secretive hedge fund after a couple of difficult years.In a surprising move, Cohen's Point72 Asset Management...
View ArticleWatch hedge fund billionaire Steve Cohen eat chorizo on Guy Fieri's Food...
Notoriously private and press-shy hedge fund billionaire Steve Cohen was spotted on a recent episode of Guy Fieri's Food Network show "Diners, Drive-Ins and Dives."In the episode, Fieri heads to Los...
View ArticleIt looks as if Chris Christie's got himself another billionaire
Steve Cohen, the billionaire hedge fund manager and founder of Point72 Asset Management, has donated $1 million to the "super PAC" supporting New Jersey Gov. Chris Christie (R), according to government...
View ArticleInside Steve Cohen's groundbreaking 'Academy' poaching young talent from Wall...
One Monday afternoon in New York last month, students wrapped up a statistics exam and scarfed down some takeout before heading over to a macroeconomics class.For some, the exam had been an easy...
View ArticleA 3-alarm fire broke out at Steve Cohen's Point72 Asset Management on...
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....
View ArticleOne thing all junior bankers who want to work at hedge funds should know
Headhunters are not your friends.That is the simple message that one former Bank of America Merrill Lynch analyst tells every junior banker he mentors."They may seem like it — they may try to convince...
View ArticleSteve Cohen is getting closer to making a comeback
Hedge fund manager Steve Cohen, CEO of the family-office hedge fund Point72 Asset Management, is getting closer to managing outside money again."I am pleased to announce that I have resolved the...
View ArticleSteve Cohen's hedge fund is investing big time in trading talent
Hedge funds these days are in an arms race against each other to snap up the best possible talent.Barclays' Capital Solutions Group highlighted this recently in a big report, noting that there's a...
View ArticleAn executive at one of the world's most successful hedge funds reveals a 'red...
Working at a hedge fund can make you a lot of money.There's no doubt about that.But it's a huge red flag if you let your potential employer know during your job interview that money is what...
View ArticlePoint72: 'We are not capital constrained — we are talent constrained'
The big question in the hedge fund space is whether Steve Cohen's family-office hedge fund will open up to outside capital again.Speaking at the Absolute Return Symposium in New York on Wednesday,...
View ArticleA hedge fund HR boss says too many young people are making this error and...
More and more young candidates for hedge fund positions aren't being completely honest on their résumés.Of course, they're getting caught, and as expected, they're not landing a job they otherwise may...
View ArticleSteve Cohen disclosed a 2.8 million-share stake in a tiny pharmaceutical...
In a filing out on Tuesday after the market closed, hedge fund manager Steve Cohen revealed an 8.3% ownership stake in tiny company Celator Pharmaceuticals.You might recognize the name. Celator shares...
View ArticleSteve Cohen’s Point72 says it has had 'zero point zero' regulatory problems...
(Reuters) - Billionaire Steve Cohen's investment firm, a family office that took over managing his fortune in 2014 after his hedge fund pleaded guilty to securities fraud, has a perfect regulatory...
View ArticleBillionaire hedge fund manager Steve Cohen just pledged $275 million to offer...
Billionaire hedge fund manager Steven A. Cohen has pledged $275 million to support military veterans and their families by opening up free mental-healthcare clinics across the country.The Cohen...
View ArticleSteve Cohen's $11 billion hedge fund is looking for the next generation of...
Point72 Asset Management, the $11 billion family-office hedge fund led by Steven A. Cohen, has officially joined Facebook.That's because the historically secretive hedge fund is now using social media...
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