Steve Cohen Raises $5bn from Outside Investors

(Financial Times) Steve Cohen, the legendary hedge fund investor, says he has raised about $5bn from investors since opening his family office to outside money earlier this year. “It was actually not hard,” Mr Cohen told a sold-out audience at a 92nd Street Y event, which included former New Jersey governor Chris Christie. “I did only 10 or 15 meetings, it was really easy,” he said. “I made one trip overseas to see one client and my staff did an amazing job and we raised probably $5bn.”

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