Net Net: Promoting innovation and managing change
Net Net: Promoting innovation and managing change

Ex-Wall Street cop to help new Cohen firm

Steven A. Cohen
Scott Eells | Bloomberg | Getty Images

Five months after a groundbreaking criminal settlement with the U.S. attorney for the Southern District of New York that turned it from a major hedge fund into a private family office, Point72 has hired a former prosecutor from that office to handle internal surveillance.

Point72's new hire, Vincent Tortorella, begins work Tuesday, according to an internal memo issued by company President Tom Conheeney on Tuesday morning.

Tortorella's hiring, the memo states, 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, to "heighten our emphasis on surveillance and to add someone with outstanding investigative skills, preferably honed in law enforcement, to lead this effort."

Related Tags