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After finally getting out of his SEC mandated time-out for being a naughty edge boy, Steve Cohen raised $5 billion in what seemed like an afternoon and then managed to return about 1% to investors for 2018.

So what's next? Well, this is SAC, so the answer is GET MORE!

His Point72 Asset Management, which attracted $5 billion in outside capital last year in a comeback for the hedge fund investor, is seeking to raise an additional $1 billion between May 1 and September, according to people familiar with the matter.

Has Steve called you, dear reader? What's the angle? How is the Zamboni King of asset managers justifying getting curbstomped by the S&P in 2019?

Steve Cohen’s Hedge Fund Point72 Seeks Another $1 Billion [Bloomberg]



Unlike His Philistine Staff, Steve Cohen Likes Round Art

Apparently, SAC is the Sir Mix-a-Lot of art collectors.

Getty Images

As Far As We (And Presumably Steve Cohen) Are Concerned, It Took Two-And-A-Half Years Longer Than It Should Have To Raise $10 Billion

We all know this milestone should have been passed the minute Point72 opened to outside investors.


Point72 Lawsuit Reveals Unacceptable Behavior That Constitutes Real Improvement For A Steve Cohen Hedge Fund

Steve Cohen is now traveling in the the uncanny valley of woker Wall Street office misogyny.


Because It Worked So Well Last Time, Steve Cohen Will Be His Own Morality Sheriff At Point72

But don't worry, Jared Kushner's lawyer will help keep things transparent and ethical.


Steve Cohen Takes Aggressive Stake In Literal Teddy Bear Company Because Of Course He Did

Oh, calm down, like there's anything creepy about picturing Steve Cohen in a room full of teddy bears.


Steve Cohen's $20 Billion Comeback Is Neither $20 Billion Nor A Comeback, Discuss...

LL Cool Steve says "Please call it a comeback so we call all pretend that I ain't been here for years."


Point72 Basically A Fund Of Funds At This Point

An ex-SAC subadvisor is turbocharging the Big Guy’s not-terribly-impressive returns.