Steve Cohen

Steven A. Cohen is an American billionaire, hedge fund manager, and philanthropist. He is the founder of hedge fund Point72 Asset Management and now closed S.A.C. Capital Advisors, both based in Stamford, Connecticut.

  • Steve Cohen oversees Point72 Asset Management, a $13 billion hedge fund firm that restarted managing outside capital in 2018.
  • For years Cohen ran SAC Capital, one of the most successful hedge funds ever.
  • Cohen was forced to shut down SAC Capital after the firm pleaded guilty to insider trading charges that cost Cohen $1.8 billion in penalties.
  • Cohen has given $715 million to philanthropic causes over his lifetime, including causes related to veterans and children’s health.

Point72 Asset Management SAC Capital Advisors Steve Cohen