Friday, 27 March 2015
Last updated 5 hours ago
May 11 2011 | 10:30pm ET by Deirdre Brennan
One of today’s highlights from the SALT Conference in Las Vegas was a rare interview with one of the top stars of asset management: SAC Capital’s Steve Cohen.
I admit, while I have been running FINalternatives for over five years I’ve never had the privilege of meeting Mr. Cohen or even listening to him speak in person, so I eagerly awaited Anthony Scaramucci’s one-on-one chat with him. I wasn’t disappointed.
Scaramucci, founder and managing director of Skybridge Capital, dove right in and tackled the elephant in the room—rumors of regulators investigating some of SAC’s trades—and Cohen answered graciously:
“Nobody likes that type of media scrutiny,” Cohen said. “We take compliance very seriously and the reality is we are going to cooperate with any and all investigations.”
With that out of the way, Scaramucci delved into Cohen’s background and we learned some interesting details about his firm, his background and his values.
“My father [who is 91 and still going strong] was big in my life, he was a larger than life person,” said Cohen, who began reading the financial pages at the dinner table when he was just 12 years old (after the sports pages, of course). Here are a few other tidbits from the fantastic one-one-one with the investment management legend:
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…