Point72 Asset Management

Point72 Asset Management
Company typeL.P., Private
IndustryHedge fund[1][2][3]
Founded2014
FounderSteven A. Cohen
Headquarters72 Cummings Point Road,[4] Stamford, Connecticut, United States[5]
Key people
  • Steven A. Cohen (Chairman, CEO, and President)
  • Mark Brubaker (Chief Technology Officer)
  • Harry Schwefel (Co-CIO)
AUMUS$31.4 billion
(as of October 1, 2023)[6]
OwnerSteven A. Cohen
Number of employees
2,800+ (2023)[6]
SubsidiariesEverpoint, Cubist Systematic Strategies, Point72 Ventures, Cohen Private Ventures
WebsiteOfficial website

Point72 Asset Management, is an American hedge fund. It was founded in 2014 by Steve Cohen, after his previous company S.A.C. Capital Advisors pleaded guilty to insider trading charges.

In 2018, the company reopened to external investors after a two-year ban and began accepting outside capital.[5] The company's office is located in Stamford, Connecticut.[7]

  1. ^ Kishan, Saijel (October 22, 2015). "Point72's Haynes Says 'Cost of Being Excellent' Keeps Going Up". Bloomberg. Archived from the original on January 11, 2016. Retrieved January 7, 2016.
  2. ^ point72.com. Homepage Archived 2016-03-05 at the Wayback Machine. Accessed 2016-03-01.
  3. ^ Kate Kelly. The second coming of Steven Cohen Archived 2017-10-21 at the Wayback Machine. CNBC. 2016-01-11. Accessed 2016-03-01.
  4. ^ Goldstein, Matthew (11 March 2014). "After Scandal, a New Name for SAC: Point72". New York Times. No. DealBook. New York, N.Y., United States. The New York Times Company. p. B5. Archived from the original on 6 December 2019. Retrieved 6 December 2019.
  5. ^ a b Goldstein, Matthew; Kate, Kelly (25 December 2017). "Steven Cohen Plans a New Hedge Fund. Investors Are Wary". New York Times. No. Business. New York, N.Y., United States. The New York Times Company. p. B1. Archived from the original on 27 May 2019. Retrieved 12 June 2019.
  6. ^ a b "About72". United States. Archived from the original on 2022-05-14. Retrieved 2022-05-14.
  7. ^ Foxman, Simone (March 10, 2015). "Cohen's Firm said to hire 30 seeking edge in public data". Bloomberg. Archived from the original on 2017-02-25. Retrieved 2017-03-11.