Golden Boy Cohen At Hedge Fund Party After Sec Deal
ByAlthough perhaps not as exciting as a Citadel gala featuring Katy Perry or a Nouriel Roubini party, Steve Cohen knows how to have a good time.
Somehow disgcraced ex-SAC Capital principal Steve Cohen is almost back in the saddle again. All he has to do is quietly manage his $9 billion family firm Point72 Investments and wait out two years, and then he’s free to rejoin the hedge fund titans of Wall Street again. This despite Cohen’s SAC Capital pleading guilty on multiple fraud charges and agreeing to cough up $1.8 billion to settle the case with the Securities and Exchange Commission just a couple of years ago.
As reported last week, Cohen reached a final agreement with the SEC that could have his public funds trading ban lifted as early as 2018…
