Friday, 6 March 2020

Steven A. Cohen Raising New Fund to Invest in Private Business

Hedge-fund billionaire Steven A. Cohen has started efforts to raise his very first private-markets fund, a venture that will check whether his years of experience investing in public business will equate to personal markets.

The fund– Mr. Cohen’s first customer offering that isn’t a hedge fund– has been pitched to investors as a hybrid endeavor and private-equity fund called Point72 Hyperscale, according to individuals acquainted with the matter. The fund would back early-stage technology companies concentrated on expert system. It …

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source https://jobsearchtips.net/steven-a-cohen-raising-new-fund-to-invest-in-private-business/

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