Steve Cohen

The Benzinga Fintech Summit is a gathering of the top leaders in payments, lending, capital markets, blockchain and cryptocurrencies in San Francisco Nov. 14. Ahead of the Summit, Benzinga is profiling the fintech thought leaders speaking at the event. Our next installment is an interview with...

Electronic Arts Inc. (NASDAQ: EA) spiked 5 percent and peers more than 2 percent Friday after Melvin Capital Management increased its stake from 970,000 shares to 15.9 million. The long-short equity fund boosted its ownership to 5 percent, according to a 13G filing, expanding a video game portfolio...

Bloomberg Tuesday reported that hedge fund legend Steve Cohen has “unofficially” began positioning to sign up clients for a new fund. Citing people familiar with Cohen’s plans and family office performance, the report also suggests that the man known for his high-flying returns...

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:...

Back in January, Benzinga published a series of articles where Don Steinbrugge, one of the top experts in the hedge fund industry, shared a preview of the top trends he expects to see among hedge funds in 2017. The specialist talked about the evolution in fees, the impact of the Trump...

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...

There are about 15,000 hedge funds out there, and both their fees and returns are very varied. But, what determines those factors? One of the most important elements in a hedge fund’s success is the manager. However, most people know only a few names in the space: Warren Buffett, Jim Simons,...

Quite often, our readers ask how to invest in hedge funds: “I don’t know the first thing about them. Other than Warren Buffett, who’s good? Are the fees worth it?” Looking for an answer to such a common query, Benzinga reached out to Don Steinbrugge, one of the top experts...

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...

Having passed the SEC deadline for Q3 13F filings, most large hedge funds and investment management firms already disclosed their long equity positions as of September 30. While aggregate data and stats aren't out yet, Benzinga wanted to share a quick look into some of the most notable...

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,...

The Compassionate Access, Research Expansion and Respect States (CARERS) Act seems to be moving forward in congress as more and more lawmakers respond to the public's growing support for marijuana legalization. On Tuesday, the CARERS Act gained supporters from both sides of the isle in...

Point72 Asset Management is a group of hedge funds created by Steven Cohen in 2014 to succeed his legendary SAC Capital Advisors. The firm manages his personal assets, as well as those of certain eligible employees. It has a highly diversified equity portfolio, worth about $14.25 billion, with...