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SAC Says Three Portfolio Managers Left Hedge Fund Firm in London

BusinessWeek – SAC Capital Advisors LP, the $14 billion hedge-fund firm founded by Steven A. Cohen, said three portfolio managers in London left last month.

Woei Chan, Alidod Shirinbekov and Paul Crouch departed on Sept. 26, according to filings at the U.K.’s Companies House. The three quant traders, who bought and sold stocks based on signals from computer models, were among 18 partners at SAC Global Investors LLP, the hedge-fund firm’s London unit, at the end of 2012, filings show.

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