Mr. Cohen indicated late last year that as the firm converted to a family office, an investment firm that is less regulated than a hedge fund but does not manage money for outside investors, he would seek a new name for the firm he founded in 1992 with $25 million. Last month, Mr. Cohen and Mr. Conheeney outlined a plan to streamline SAC’s operation and reduce the number of distinct portfolios it operates to manage mainly $9 billion of Mr. Cohen’s money.
The total number of employees at Point72 has leveled off at about 850 people, down from nearly 1,000 at the firm’s peak shortly before SAC was indicted last summer.
This year, Point72 has hired about 30 analysts to supplant its ranks. But the firm has hired just two seasoned portfolio managers, an indication that veteran hedge fund professionals remain wary of joining Mr. Cohen, even though his firm has made about $1 billion this year.
Hedge fund industry recruiters said hedge fund traders were waiting to see how the pending civil administrative failure to supervise action against Mr. Cohen is resolved and whether federal prosecutors in Manhattan were done investigating accusations of improper trading at his firm. To date, eight former employees of Mr. Cohen have either been convicted or pleaded guilty to insider trading, in addition to SAC’s guilty plea.more » « less
|Museum of Modern Art||$50,000,000||Steven A Cohen|
|New York Presbyterian Hospital||$50,000,000||Steven A Cohen|
|Brown University||$36,666,667||Steven A Cohen|
|Robin Hood Foundation||$22,000,000||Steven A Cohen|
|America Leads||$3,000,000||Steven A Cohen|
|New Yorkers for a Balanced Albany||$1,000,000||Steven A Cohen|
|Mount Sinai Medical Center||$501,000||Steven A Cohen|
|Hillary Victory Fund||$484,776||Adam Sender|
|Democratic Senatorial Campaign Committee||$199,940||Andrew Mullhaupt, Peter Nussbaum, Gary Goldring, David Ganek, Thomas Conheeney, Adam Sender, Steven A Cohen, Donald T Cohen|
|Democratic National Committee||$150,250||Adam Sender, Andrew Mullhaupt, John Sabat, Thomas J Tisch|
|Andrew Cuomo||$144,000||David Ganek, Steven A Cohen, James Haber, John Sabat, Bryan Binder, Gary Goldring|
|National Republican Senatorial Committee||$119,200||Steven A Cohen, James Haber, Nicholas Tiller, David Fiszel, Michael C. Sullivan, Peter Nussbaum|
|Mitt Romney||$107,500||Peter Nussbaum, Ted Orenstein, Nicholas Tiller, David Fiszel, James Haber, J A McEntire, Solomon Kumin, Gary Goldring, David Ganek|
|New Day for America||$100,000||Nicholas Tiller|
|Chris Dodd||$88,800||Anthony Chedid, William Hoh, Peter Nussbaum, David Ganek, Thomas Conheeney, David Fiszel, William Nietzel, Anthony Vaccarino, Solomon Kumin, Steven A Cohen, David Older, Andrew Schwartz, Thomas J Tisch, Jonathan Weiner, James Haber, Christopher Lasusa, Andrew Mullhaupt, John Sabat, Nicholas Tiller, Gary Goldring, Anthony Chiasson, Ted Orenstein|
|Barack Obama||$76,950||Steven A Cohen, John Sabat, Adam Sender, David Fiszel, David Ganek, David Older, Jonathan Weiner, Christopher Lasusa, Andrew Mullhaupt, Gary Goldring|
|Coalition For Public Charter Schools PAC||$65,000||Thomas J Tisch|
|Republican National Committee||$62,700||Peter Nussbaum, Nicholas Tiller, Solomon Kumin, Robyn Vescovi, J A McEntire|
|Managed Funds Association Political Action Committee||$55,000||Peter Nussbaum, Anthony Chiasson, David Ganek, Steven A Cohen|
|Take Back the House||$40,000||Solomon Kumin, J A McEntire, Steven A Cohen, Nicholas Tiller|