Hedge funds raked in big profits in 2020 amid a historically volatile market landscape. The leaders of 15 hedge funds earned a combined $US23 billion last year, according to a Bloomberg report. Listed below are the top 15 earning hedge fund managers of 2020, according to Bloomberg. Sign up here […]
Point72 has raised $US1.5 billion after a difficult January for hedge funds, a report said. Steve Cohen’s fund supported Melvin Capital, which was hit by the GameStop saga. Point72 is looking to take advantage of new opportunities in the market. Sign up here for our daily newsletter, 10 Things Before […]
Palantir jumped as much as 18% to record highs on Tuesday after 13-F filings revealed large stakes scooped up by hedge funds like Steve Cohen’s Point72 and Daniel Loeb’s Third Point Management. On the flipside, Soros Fund Management disclosed a stake in Palantir but said it already sold it, according […]
Billionaire investor Steve Cohen is stepping outside the hedge fund industry and creating a private-markets fund,The Wall Street Journal reported Friday. The fund, named Point72 Hyperscale, will act as a hybrid between a venture capital firm and a private-equity fund and focus on companies in the artificial intelligence space, sources […]
Ken Griffin’s Citadel posted a 19.4% return in 2019, beating out industry rival Steve Cohen’s Point72 fund and its 16% gain, Bloomberg reported. Both offices, and the greater hedge fund industry, still lagged behind a soaring US stock market. The S&P 500 notched a 29% return last year, its best […]
Prestigious firms like Citi and Goldman Sachs are notoriously difficult to break into. Everyone knows you’ve got to be smart, competent, and ambitious – but what else will help you stand out among a sea of talented applicants… and what will catapult you to success once you’re there? To find […]
Steve Cohen is reportedly in the market for a further $US1 billion for his firm Point72 Asset Management. The legendary investor raised $US5 billion with the hedge fund’s launch last year. Cohen appears to have recovered from the closure of his previous firm, SAC Capital. Billionaire investor Steve Cohen is […]
The woman who filed a lawsuit against billionaire Steve Cohen’s hedge fund is speaking out as to why. In an interview with The New Yorker, Lauren Bonner, who works in talent for Point72, said that the lawsuit was her “last option” after trying for months to get her title and […]
A current employee of Point72, the investment firm helmed by billionaire money manager Steve Cohen, is accusing the company of creating a work environment deemed hostile toward women. The legal action, filed on behalf of associate director Lauren Bonner, comes as Cohen prepares to launch a hedge fund this year. […]
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