Cohen to Manage Outside Money Under Point72 Asset Management

(Bloomberg) When Steve Cohen takes in outside capital later this quarter, he’ll be doing so under the name Point72 Asset Management. Point72 was the entity created four years ago that housed Cohen’s family office when he returned client capital, after his former hedge fund firm SAC Capital Advisors pleaded guilty to securities fraud and paid a record $1.8 billion fine to settle a seven-year federal insider-trading probe.

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