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.
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Point72 Asset Management Shows 5.9% Stake in Dynavax (DVAX)
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Pre-Open Stock Movers 9/25: (MAKO) (ONTY) (ASNA) Higher; (CLVS) (LNDC) (AIR) Lower (more...)
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After-Hours Stock Movers 9/24: (ASNA) (DVAX) (NE) Higher; (CLVS) (LNDC) (CCK) Lower (more...)
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SAC Capital Raises Stake in Dynavax Technologies Corporation (DVAX) to 6.2%

