Steven Cohen


  • Mathew Martoma sentenced to 9 years, will appeal Monday, 8 Sep 2014 | 6:39 PM ET
    Mathew Martoma, a former SAC Capital Advisors LP fund manager, arrives at federal court for a sentencing hearing in New York, U.S., on Monday, Sept. 8, 2014.

    In one of the longest prison sentences for insider trading, SAC's Martoma was also ordered to forfeit $9.38 million by a federal judge in New York.

  • Today's Martoma sentencing: 8 years? Or even more? Monday, 8 Sep 2014 | 7:00 AM ET
    Mathew Martoma, a former portfolio manager at a unit of SAC Capital Advisors, exits federal court in New York.

    A federal judge is set to deliver what could be the harshest sentence for insider trading to date.

  • Leucadia backs SAC alum despite previous scandal Tuesday, 26 Aug 2014 | 10:12 AM ET
    Richard Handler, chairman and chief executive officer of Jefferies Group Inc.

    Jefferies is backing a former senior SAC executive despite its own struggle with insider trading at an internal hedge fund.

  • Steve Cohen is losing his top lieutenant Monday, 18 Aug 2014 | 9:09 AM ET
    Steven A. Cohen

    Tom Conheeney, the longtime president of SAC Capital, is stepping down from the No. 2 spot at the former hedge fund's successor company, Point72.

  • Steve Cohen's comeback  Wednesday, 30 Jul 2014 | 1:39 PM ET

    Since Steve Cohen's troubles last year with hedge fund SAC Capital, his new stock trading fund Point72 has staged quite a comeback for Cohen, reports CNBC's Kate Kelly.

  • Kodiak got bought. Who else may be a target? Monday, 14 Jul 2014 | 1:01 PM ET
    A gas flare is seen at an oil well near Williston, North Dakota.

    The $6 billion buyout of Kodiak Oil & Gas is renewing attention on energy firms in North Dakota's Bakken formation.

  • Steven Cohen writes big check to Uncle Sam Friday, 11 Jul 2014 | 8:04 AM ET
    Steven A. Cohen

    Cohen proved to be a stickler for the letter of the law when it came to paying the criminal penalty imposed on his former hedge fund. The NYT reports.

  • SAC's Michael Steinberg sentenced  Friday, 16 May 2014 | 2:00 PM ET

    Former SAC Capital portfolio manager Michael Steinberg leaves a New York courthouse after he was sentenced to 3-1/2 years in prison on Friday after his late-2013 conviction on insider trading charges. He was also hit with a $2 million fine and ordered to forfeit another $365,000.

  • Top earnings hedge fund managers  Tuesday, 6 May 2014 | 1:28 PM ET

    According to Institutional Investors' annual "rich list," the 25 highest paid hedge fund managers took home $21 billion in 2013. CNBC's Dominic Chu has the details.

  • This hedge fund chief made $3.5 billion in 2013 Tuesday, 6 May 2014 | 6:56 AM ET
    David Tepper, founder of Appaloosa Management.

    While these may not be the best of times for hedge funds, they're still pretty good for the best of the best.

  • Hampton home sells for $147 million  Monday, 5 May 2014 | 2:58 PM ET

    CNBC's Robert Frank reports on the most expensive home listing and sale in America.

  • So A-Rod and Steve Cohen walk into a bar… Friday, 2 May 2014 | 12:07 PM ET
    From left: Alex Rodriguez and Steven Cohen

    Baseball player Alex Rodriguez appears to have an unusual business counselor: SAC Capital Advisors founder Steve Cohen.

  • Even billionaires have to wait in line at Milken Monday, 28 Apr 2014 | 6:02 PM ET
    Stephen A. Schwarzman, chairman of the Blackstone Group

    There are so many big names at Milken's annual Global Conference in Los Angeles that billionaires don't automatically get VIP treatment.

  • SAC judge makes historic insider trading statement Thursday, 10 Apr 2014 | 5:02 PM ET
    Signage for SAC Capital Advisors at its offices in Stamford, Conn.

    Five months after its initial terms were set, a historic criminal settlement between SAC Capital and prosecutors was approved Thursday.

  • Ex-Wall Street cop to help new Cohen firm Tuesday, 8 Apr 2014 | 12:48 PM ET
    Steven A. Cohen

    The hiring is part of a broader effort at the family office, which manages company head Steve Cohen's own money alongside that of certain employees and family members

  • SAC: Out with the old in with the new  Monday, 7 Apr 2014 | 3:23 PM ET

    SAC Capital Advisors officially changed its name to Point72 Asset Management and became a family office managing mainly Steven Cohen's money, reports CNBC's Kate Kelly.

  • With full coffers, Cohen's SAC tries on new name Monday, 7 Apr 2014 | 2:31 PM ET

    Point72 Asset Management, the former SAC Capital, launched Monday with about $9 billion in funds and a year-to-date return of close to 10 percent.

  • Point72 Asset Management launches  Monday, 7 Apr 2014 | 10:30 AM ET

    SAC Capital Advisors officially changed its name to Point72 Asset Management and became a family office managing $9 billion to $10 billion of Steven Cohen's money, reports CNBC's Kate Kelly.

  • Former SAC energy trader talks culture  Thursday, 27 Mar 2014 | 12:45 PM ET

    CNBC's Kate Kelly speaks to former SAC Capital energy trader Nick Tiller of Sustainable America, about the culture of the hedge fund.

  • SAC's Cohen considering settling civil case with SEC Tuesday, 25 Mar 2014 | 2:14 PM ET
    Steven A. Cohen

    Steve Cohen is mulling an out-of-court resolution to a parallel SEC case in which he himself is the defendant, according to people familiar with the matter.