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A little more than one year ago, Steve Cohen’s SAC Capital Advisors pleaded guilty to insider-trading related charges stemming from a sweeping federal investigation into the hedge fund firm. Cohen’s SAC Capital, one of the most successful hedge fund firms ever, agreed to pay $1.8 billion to the federal government and stop managing money for outside investors. Instead, Cohen, who was never criminally charged, converted SAC Capital into a family office that manages his personal fortune and rebranded it Point72 Asset Management.
Cohen tops Forbes’ list of the highest-earning hedge fund managers and traders, making an estimated $1.3 billion... » Read More