Steven A. Cohen

Trader, Organization founder

1956 –

59

Who is Steven A. Cohen?

Steven A. Cohen is an American hedge fund manager. He is the founder of SAC Capital Advisors, a Stamford, Connecticut-based hedge fund focusing primarily on equity market strategies.

He has an estimated net worth of $11.1 billion as of May 2014, ranked by Forbes as the 106th richest man in the world. Cohen is 35th overall in the U.S. In November 2012, he began to be implicated in a large criminal insider trading scandal. In July 2013, SAC was charged by the Securities and Exchange Commission with failing to prevent insider trading. In November 2013, SAC Capital agreed to plead guilty, stop managing funds for outsiders, and pay a $1.2 billion fine.

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Born
Jun 11, 1956
Great Neck
Also known as
  • Steven Cohen
Spouses
Religion
  • Judaism
Nationality
  • United States of America
Profession
Education
  • Bachelor's degree, Wharton School of the University of Pennsylvania
    Economics
Employment
  • Point72 Asset Management
    (1992 - )
  • Gruntal & Co.
    (1984 - 1991)
  • Junior Trader, Options Arbitrage Department, Gruntal & Co.
    (1978 - 1984)
Lived in
  • Greenwich
  • Great Neck

Submitted
on July 23, 2013

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"Steven A. Cohen." Biographies.net. STANDS4 LLC, 2023. Web. 11 Dec. 2023. <https://www.biographies.net/people/en/steven_a_cohen>.

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