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Steven A Cohen firm confirms London return

Hedge fund billionaire was told earlier this month that he and his firm Point72 could be managing other people's money again from 2018

By

Stefanie Eschenbacher

SAC was rebranded as Point72 as a family office mostly managing Cohen's own wealth
SAC was rebranded as Point72 as a family office mostly managing Cohen's own wealth Photo: Getty Images
FN revealed in July 2015 that Cohen was considering opening a London office
FN revealed in July 2015 that Cohen was considering opening a London office

The investment firm of Steven A Cohen, the hedge fund billionaire who was on January 8 told he could be managing other people's money again from 2018, has confirmed plans to re-open a London office.

Point72 Asset Management, formerly known as SAC Capital Advisors, revealed the plans at a briefing in the UK capital on January 19.

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