Steve Cohen Found Some Talent In Asia

So he hired all of it.
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The Big Guy’s troubles finding worthy people to don the coveted fleece have been well-documented, but may be limited to lazy American millennials. His hedge-fund-turned-family-office-soon-to-be-turned-hedge-fund-again certainly isn’t having any trouble in Asia or London.

The Stamford, Connecticut-based family office, which manages $11 billion, recruited 31 people for its Hong Kong, Singapore and Tokyo offices in the first eight months of 2016, including 21 on the investment side, said Molly Binenfeld, a Hong Kong-based spokeswoman. The new hires brought its employees in the region to about 120, she said.

Cohen’s Point72 Goes on Biggest Ever Hiring Spree in Asia [Bloomberg]