GO
Loading...

Steven Cohen

More

  • BOSTON, Feb 2- Billionaire Steven A. Cohen, who oversees only his personal fortune after decades of running one of the world's biggest hedge funds, wants to recruit newly minted college graduates into his army of hundreds of investment professionals. Less than 16 months after Cohen's SAC Capital Advisors pleaded guilty to insider trading charges, the successor...

  • Now Steve Cohen is paying for being extra ethical Monday, 13 Oct 2014 | 2:23 PM ET
    Steven Cohen

    Employees of Steve Cohen's new family office who do the right thing get up to a 4 percent bonus.

  • Wall Street backs GOP horses—with loads of cash Sunday, 12 Oct 2014 | 9:00 AM ET
    Elliott Management founder and CEO Paul Singer speaks during the SkyBridge Alternatives conference in Las Vegas, May 9, 2012.

    Wall Street is spending more on the midterms than ever before—particularly in support of the GOP—but it's not from whom you might think.

  • 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.