Disgraced Hedge Fund Manager Focuses on Aiding Veterans


Steven A. Cohen is helping veterans who have post-traumatic stress or traumatic brain injuries and doing research into diagnostic tools and treatments for those conditions. CreditSasha Arutyunova for The New York Times

Sitting at the circular table in his office, near an elliptical machine, treadmill and massage table, Steven A. Cohen struggled to find words to describe what motivates his new philanthropic effort.

“You know what I think it is, I was looking for something unique, special, something that I could own,” said Mr. Cohen, the billionaire investor, in an interview at his family office, Point72 Asset Management. It is in the same building as his former hedge fund, SAC Capital Advisors, which in 2013 paid $1.8 billion in fines to federal prosecutors and securities regulators…

Disgraced Hedge Fund Manager Focuses on Aiding Veterans

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