Hedge Crunch FinancialSteve Cohen
Hedge Fund Manager Steve Cohen Set to Buy NY Mets
Major League Baseball gave its blessing to the imminent purchase of the New York Mets for what will be a record price of between $2.4 billion and $2.45 billion. Steve Cohen, CEO, and president of Point72 Asset Management will purchase the team from the present owners, the Wilpon and Katz families. If the deal succeeds […]
Citadel, Point72 and Pershing Square Grew Well in 2014
In general it was a slow year for hedge funds, but not for everyone. Chicago-based Citadel was able to take what was a challenging year for most funds and turn it into a year of excellent growth. Citadel’s equity hedge fund realized over 23 percent returns, while their multi-strategy flagship funds, Kensington and Wellington had […]
SAC Capital Head Selling Off Some Art
Once again the enigmatic billionaire Steve Cohen is keeping Wall Street guessing about his actions and motives that accompany them. To the surprise of some and the wonderment of others Cohen has put two major works by Andy Warhol and one by abstract master Gerhard Richter up for auction. Some speculate that he made need […]
SAC Capital Advisors Top Ten Holdings
Steve Cohen, founder of SAC Capital Advisors is one of the most well-known and successful hedge fund managers. Cohen was listed as the 35th richest man in America by Forbes at an estimated net worth of about $8.3 billion. At the outset SAC was a trading-oriented company with a focus on liquid, large cap stocks. […]
SAC Capital Makes Several New Additions
SAC Capital, owned by Steve Cohen, one of the best known hedge fund managers in the world, has recently made some new additions to strengthen its equity l/s portfolio management team. According to AsianInvestor, the firm has hired a number of employees from Hong Kong. Shantanu Nagpal, formerly of Brevan Howard, has recently joined the […]
Steve Cohen Bidding For NY Mets Stake
Steve Cohen, 54 year old U.S. hedge fund billionaire, is apparently among the bidders for a minority stake in the New York Mets baseball team. Cohen’s firm, SAC Capital Advisors LLC, is based in Connecticut, and manages around $12 billion in assets. Cohen was born in New York and is a long-time Mets fan with […]