Steve Cohen

Hedge-fund billionaire Steve Cohen is returning to his trading roots after being involved in one of the biggest insider trading scandals. Cohen, formerly with SAC Capital Advisors, hopes to raise over $20 billion in assets and is planning to launch a new fund in 2018, according to a Wall Street...

Forbes released its ranking of the world's richest people. Ironic or not, just one billionaire in the top 10 earned their fortune through investments and banking: Warren Buffett. Here is a look at the top 10 richest people in the field of finance. 10 Richest People In Finance 1. Warren Buffett:...

If you thought history couldn’t be interesting, read Sheelah Kolhatkar’s “Black Edge.” If you thought the esoteric world of finance couldn’t be interesting, you should also read “Black Edge.” The tale of American corruption and the nation’s most...

Point72 Ventures, the VC arm of Steve Cohen’s Point72 Asset Management firm, invested $2 million in micro-investing fintech company Acorns as part of the company's Series D round earlier this year. Point72 Ventures’ previous investments have focused on quant trading technologies, so...

Citing Doug Haynes, the president of Steve Cohen's investment firm, Point72 Asset Management, Business Insider reported the hedge fund industry has a well-documented performance problem, which is directly connected to a lack of diversity in the industry. Hedge funds are suffering from groupthink,...

Peter Casella, former executive director of strategic investments at JPMorgan Chase, will explore investments relating to innovation at Point72 Asset Management, according to internal documents obtained by Benzinga. Casella's experience in venture and growth stage investment spans nearly 15 years,...

Wednesday marked the last day Wall Street's hedge-fund managers could have filed their 13Fs for the latest quarter. "Whale watchers," a term coined by financial media sources for those who love to following these high-profile traders into positions, have been tuned into the SEC's EDGAR website...

Yet another former employee of SAC Capital was indicted on insider trading. On Tuesday, U.S. Attorney Preet Bharara's office charged former SAC Capital portfolio manager Mathew Martoma in a $276 million insider trading case -- the largest of its kind. The alleged nefarious trading took place in...

Another bombshell dropped on Tuesday in the sprawling insider trading investigation being run out of Preet Bharara's office. The U.S. Attorney for the Southern District of New York unveiled an indictment against former SAC Capital portfolio manager Mathew Martoma accusing him of trading on inside...

A former technology analyst at Steve Cohen's hedge fund, SAC Capital Advisors LP, has pleaded guilty to charges that he took part in an insider trading ring. Joe Horvath, 42, faces a maximum sentence of 45 years in prison and could be deported, as he is a Swedish citizen. He pleaded guilty to one...