03.10.2015

Cohen’s Point72 Hires 30 People for Big Data Investing – Bloomberg

(Bloomberg) — Steven Cohen’s investment firm is looking for an edge in public data.

Point72 Asset Management, the successor to Cohen’s hedge fund SAC Capital Advisors, has hired about 30 employees since the start of last year to build computer models that collect publicly available data and analyze it for patterns, according to two people with knowledge of the matter.

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