SAC Capital
SAC is a multi-strategy, private asset management firm founded by Steven A. Cohen. He founded SAC in 1992 with 9 employees and $25 million in assets under management. As of September 2007, the firm had grown to over 800 employees with approximately $14 billion in assets under management.
SAC's initial investment style was "trading" oriented. However, the firm has evolved into a multi-strategy, multi-disciplinary, investment management firm emphasizing rigorous research and risk management practices.
SAC's investment strategies include, but are not limited to: Fundamental and Technical Long/Short Equity Portfolios, Global Quantitative Strategies, Fixed Income and Credit, Global Macro Strategies, Convertible Bonds, and Emerging Markets.
-
Market Wrap: Freeport M&A's into Energy; Citi Joins Job Cut Party; Apple has Rotten Day; SAC Shunned by Big Bank
-
Citigroup (C) Said to Advise Clients Against Adding Money to SAC Capital
-
Stocks of Hedge Funds Involved In Insider Trading Scandal are in the Crosshairs (VMED, SINA, EP, PXP, more...)
-
Cohen's SAC Capital 13F Highlights: New Positions in McMoRan, Regis, Raised Stakes in Genzyme, Hertz, Sprint, Lowered Stakes in Apple, Exxon Mobil
-
Top 10 News Items 10/13-10/17: Treasury to Directly Buy Up to $250B in Financial Stocks; Volatility Dominates the Markets; Buffett Sticks His Neck Out with 'Buying American. I Am.' Article
-
What's Steven Cohen's SAC Capital Buying? A Few Banks Among Other Things (BK, C)
