Friday, 26 December 2014
Last updated 1 day ago
May 13 2011 | 1:47pm ET
SAC Capital Advisors may stop accepting new money after adding about $2 billion to its coffers.
The Stamford, Conn.-based firm, one of the most prominent hedge funds in the world, has not yet decided to close to new investment, a source told MarketWatch on the sidelines of the SkyBridge Alternatives Conference in Las Vegas. But the firm is considering doing so after recent inflows pushed its assets to nearly $14 billion.
SAC founder Steven Cohen—who runs about 10% of SAC's capital—was in Las Vegas for the conference, sitting down for a rare public interview with SkyBridge Capital's Anthony Scaramucci. But he was also doing business: The firm met with about 30 investors at the conference yesterday.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.