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Point72 Asset Management

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Point72 was founded in 2014 by Steve Cohen as the successor to SAC Capital, after the firm pled guilty to federal insider trading charges and paid a $ 1.8 billion fine. In March 2014, SAC Capital transferred the bulk of its assets to Point72 and was placed in "run-off," or a winding-down of its
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The firm has faced multiple lawsuits from employees alleging gender and pay discrimination. In September 2020, Point72 settled a gender and pay discrimination suit brought by Lauren Bonner, the company’s former Head of Talent Analytics.
683: 279:, a former protégé of Steven Cohen and one of the managers of SAC whose trades were investigated by the SEC. In the first half of 2021, Point72 was reported to have lost $ 500 million on its investment in Melvin Capital. 1198: 204:
In August 2014, Douglas D. Haynes was appointed president and Timothy Shaughnessy was appointed CEO. Shaughnessy retired in 2018 and was replaced by Gavin O'Connor, who joined the firm from Goldman Sachs.
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In 2018, the company reopened to external investors after a two-year ban and began accepting outside capital. The company's office is located in
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and then became president, resigned in March 2018 "amid gender bias lawsuit" and was replaced as president by Cohen.
845:"Steve Cohen's Point72 raises $ 1.5 billion after supporting Melvin Capital during the GameStop saga, report says" 1156: 198: 901: 402: 522: 441: 1771: 1606: 1594: 378: 1305: 361: 1733: 1677: 1396: 1323: 1267: 162: 1570: 1440: 213: 936: 1672: 1580: 1575: 1539: 1436: 1400: 166: 106: 1054:"The woman suing Point72 and Steve Cohen speaks out about alleged gender and pay discrimination" 1682: 1479: 1352: 1328: 1313: 870:"WSJ News Exclusive | Citadel, Point72 to Invest $ 2.75 Billion Into Melvin Capital Management" 272: 1707: 1365: 1337: 1318: 217: 177: 76: 590:. No. DealBook. New York, N.Y., United States. The New York Times Company. p. B9. 529:. No. DealBook. New York, N.Y., United States. The New York Times Company. p. B1. 435: 409:. No. Business. New York, N.Y., United States. The New York Times Company. p. B1. 1817: 1761: 1612: 1524: 1360: 1342: 1260: 256:
In August 2020, the firm closed to new money with just over $ 17 billion under management.
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Everpoint, Cubist Systematic Strategies, Point72 Ventures, Cohen Private Ventures
126: 66: 1622: 1602: 1370: 268: 1796: 1697: 1662: 1588: 1232: 1194: 881: 292: 267:, Point72 contributed $ 750 million to a $ 2.75 billion emergency bailout of 209: 993:"President of Steven Cohen's Investment Firm Quits Amid Gender Bias Lawsuit" 396: 394: 1702: 1657: 1544: 1529: 1410: 276: 999:. New York, N.Y., United States. The New York Times Company. p. A19. 826:"Steve Cohen's Point72 Raises $ 1.5 Billion After Melvin Capital Infusion" 676:"Why Point72, one of the world's top hedge funds, is setting up in Sydney" 1534: 1474: 927: 391: 264: 958:
Burton, Parmar, and Kumar, Katherine, Hema, and Nishant (July 9, 2021).
1283: 1221:"As Steve Cohen Closes In on Mets, Discrimination Claims Cast a Shadow" 984: 754:"Steve Cohen's Point72 Closing to New Money After Raising $ 10 Billion" 158: 143: 48: 960:"Steve Cohen's Bet on Melvin Leaves Point72 Trailing Hedge-Fund Peers" 1300: 229: 221: 1454: 575: 514: 706:"JPMorgan Joins Goldman, Point72 at West Palm Beach Office Tower" 436: 1157:"Wigdor LLP Files Gender Discrimination Lawsuit Against Point72" 902:"SAC's top consumer trader draws scrutiny from U.S. authorities" 329:"Point72's Haynes Says 'Cost of Being Excellent' Keeps Going Up" 197:
Vincent Tortorella was hired as chief surveillance officer, and
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Goldstein, Matthew; Silver-Greenberg, Jessica (17 March 2018).
808:"Citadel, Point72 Back Melvin With $ 2.75 Billion After Losses" 245: 241: 233: 1252: 291:
reported that Haynes, who was hired as managing director for
237: 225: 1098:"Point72 gender-discrimination lawsuit moves to arbitration" 1024:"Hedgie claims misogyny accusations made him 'unemployable'" 358: 554:"Cohen hires Tortorella as Surveillance Chief for Point72" 464:"Cohen's Firm said to hire 30 seeking edge in public data" 990: 957: 776:"Point72 closing to new money after raising $ 10 billion" 403:"Steven Cohen Plans a New Hedge Fund. Investors Are Wary" 308: 1022:
English, Carleton; DeGregory, Priscilla (2019-07-03).
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Zweben, Leslie Picker, Dawn Giel, Jen (2018-06-11).
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Goldstein, Matthew; Kate, Kelly (25 December 2017).
271:, a hedge fund that had incurred deep losses in the 935: 928:"Hedge fund that bet against GameStop shuts down" 1808:Financial services companies established in 1992 1794: 1021: 584:"Point72 Hires Ex-Prosecutor as General Counsel" 521:Protess, Ben; Lattman, Peter (4 November 2013). 430: 428: 606: 520: 92:Steven A. Cohen (Chairman, CEO, and President) 1268: 615:"IBM's O'Shaughnessy Hired as COO by Point72" 545: 400: 320: 1081:: CS1 maint: multiple names: authors list ( 976:: CS1 maint: multiple names: authors list ( 731:"Steve Cohen's Point72 closing to new money" 493:"Steven A. Cohen - Point72 Asset Management" 425: 1752:Alternative investment management companies 1729:Standards Board for Alternative Investments 636: 1777: 1633:Taxation of private equity and hedge funds 1275: 1261: 455: 1218: 581: 1803:Companies based in Stamford, Connecticut 925: 751: 667: 388:. CNBC. 2016-01-11. Accessed 2016-03-01. 95:Mark Brubaker (Chief Technology Officer) 673: 282: 1795: 1125: 1095: 1051: 728: 674:Shapiro, Jonathan (January 25, 2019). 612: 551: 461: 351: 326: 1333:fixed-income relative-value investing 1256: 1180: 867: 802: 800: 741:from the original on August 11, 2020. 645:"Two new executives named at Point72" 339:from the original on January 11, 2016 642: 594:from the original on 6 December 2019 533:from the original on 6 November 2013 523:"After a Decade, SAC Capital Blinks" 752:McDonald, Michael (July 29, 2020). 686:from the original on April 16, 2019 655:from the original on April 16, 2019 552:Burton, Katherine (April 8, 2014). 371: 327:Kishan, Saijel (October 22, 2015). 201:was hired as an in-house attorney. 13: 797: 613:Burton, Katherine (May 20, 2015). 251: 14: 1829: 1219:Goldstein, Matthew (2020-09-18). 926:Fletcher, Laurence (2021-06-22). 643:Hall, Phil (September 20, 2018). 582:Goldstein, Matthew (6 May 2015). 462:Foxman, Simone (March 10, 2015). 379:The second coming of Steven Cohen 302: 1776: 1767: 1766: 1757: 1756: 1747: 1746: 1453: 1003:from the original on 28 May 2020 842: 764:from the original on 2020-09-25. 413:from the original on 27 May 2019 25: 1813:Hedge fund firms in Connecticut 1282: 1239:from the original on 2020-09-19 1212: 1201:from the original on 2020-09-18 1174: 1149: 1138:from the original on 2019-11-02 1119: 1108:from the original on 2020-08-14 1089: 1064:from the original on 2020-08-31 1045: 1034:from the original on 2020-10-20 1015: 951: 919: 894: 861: 836: 818: 786:from the original on 2020-09-15 768: 745: 729:Picker, Leslie (Jul 30, 2020). 722: 698: 625:from the original on 2016-03-25 564:from the original on 2016-04-10 503:from the original on 2017-04-28 474:from the original on 2017-02-25 444:from the original on 2022-05-14 208:There are satellite offices in 188: 485: 1: 314: 165:, after his previous company 1607:security characteristic line 1181:Chung, Juliet (2020-09-17). 868:Chung, Juliet (2021-01-25). 259:In January 2021, along with 161:. It was founded in 2014 by 7: 1595:Capital asset pricing model 1314:Capital structure arbitrage 1126:Schott, Paul (2019-10-13). 1096:Schott, Paul (2018-10-02). 849:markets.businessinsider.com 275:; Melvin Capital is run by 10: 1834: 1397:Commodity trading advisors 780:Pensions & Investments 183: 1742: 1734:Managed Funds Association 1716: 1678:High-net-worth individual 1650: 1558: 1512: 1503: 1462: 1451: 1429: 1384: 1351: 1299: 1290: 142: 132: 122: 105: 83: 72: 62: 54: 44: 33: 24: 1571:Arbitrage pricing theory 497:Point72 Asset Management 155:Point72 Asset Management 20:Point72 Asset Management 1683:Institutional investors 1576:Assets under management 1401:managed futures account 167:S.A.C. Capital Advisors 118:(as of October 1, 2023) 98:Harry Schwefel (Co-CIO) 1708:Sovereign wealth funds 1480:High-frequency trading 1329:Fixed income arbitrage 368:. Accessed 2016-03-01. 273:GameStop short squeeze 1550:Structured securities 1366:Distressed securities 1338:Statistical arbitrage 1324:Equity market neutral 1319:Convertible arbitrage 178:Stamford, Connecticut 77:Stamford, Connecticut 1668:Financial endowments 1613:Fundamental analysis 1361:Shareholder activism 1343:Volatility arbitrage 843:GmbH, finanzen net. 283:Gender bias lawsuits 1782:List of hedge funds 1772:Hedge fund managers 1688:Insurance companies 1673:Fund of hedge funds 1581:Black–Scholes model 1495:Proprietary trading 1470:Algorithmic trading 1437:Fund of hedge funds 1187:Wall Street Journal 874:Wall Street Journal 832:. February 2, 2021. 814:. January 25, 2021. 265:Citadel Investments 134:Number of employees 21: 16:American hedge fund 1638:Technical analysis 1225:The New York Times 384:2017-10-21 at the 364:2016-03-05 at the 19: 1790: 1789: 1646: 1645: 1449: 1448: 1416:Long/short equity 1392:Convergence trade 1376:Special situation 440:. United States. 199:Kevin J. 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Index

Point72logo.png
L.P.
Hedge fund
Steven A. Cohen
Stamford, Connecticut
AUM
US$
Steven A. Cohen
Subsidiaries
hedge fund
Steve Cohen
S.A.C. Capital Advisors
insider trading
Stamford, Connecticut
Kevin J. O’Connor
New York City
West Palm Beach
Palo Alto
Hong Kong
Tokyo
Singapore
London
Paris
Sydney
Warsaw
Ken Griffin
Citadel Investments
Melvin Capital
GameStop short squeeze
Gabe Plotkin

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