Wealth and Asset Management
SAC Returns Most Investor Capital in Shift to Family Office
SAC Capital Advisors LP returned almost all investor money as of the end of January and has shrunk its headcount to 850 people from 1,000, as the firm focuses on managing the private wealth of founder Steven Cohen. SAC, based in Stamford, Connecticut, will create a new position of chief…
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Click here to read the full story: Bloomberg Business Week