Steve Cohen news from FierceFinance

Steven Cohen doesn't often provide seed money for such hedge fund start-ups. But when he does, the results are not spectacular. Reuters reports that "many of the portfolio managers who have spun out... Read more...

A lot of people assume that Galleon is merely the tip of an iceberg of fraud. There has been lots of nervousness in the industry which is wondering who's next. A lot of speculation has fallen on SAC,... Read more...

We've noted the woes of James Simon's ailing RIEF recently. But for every story of a poorly performing fund, this year, there seems to be a success story. From a performance perspective, hedge funds... Read more...

Not even the credit crunch can slow Steven Cohen's personal building plans. The town of Greenwich has approved the SAC honcho's plans to add about 1,145 square feet to his mansion, which is already... Read more...

Unlike many other hedge funds, Steven Cohen's SAC has decided to allow investors to redeem money early from the firm's multi-strategy fund, according to Bloomberg. This will certainly win some... Read more...

A lot of big-name buy-side players have moved into cash. Bloomberg reports that no less than Steven Cohen, of SAC Capital Advisors, and Paul Tudor Jones, of Tudor Investment Corp., have been selling... Read more...

Alpha magazine has just released a hedge fund industry hall of fame list. There are 14... Read more...

We all know about hedge fund manager John Paulson's $3 billion take in 2007. Chances are you've heard of George Soros' stunning $2.4 billion or so take, as well. You would think the Forbes list of... Read more...