Hedge Fund News From HedgeCo.Net

Hedge fund manager Cohen considers buying a piece of the Mets

Reuters – Hedge fund manager Steven A. Cohen, who is trying to buy the bankrupt Los Angeles Dodgers baseball team, is considering taking a small stake in another team — his hometown New York Mets, people familiar with the matter said on Thursday.

The billionaire trader, known for his knack in delivering strong and steady returns at his $14 billion SAC Capital Advisors, first flirted with the Mets early last year when the team tried to sell off one-third for $200 million.

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