Cohen, Christie Meet At Manhattan Steakhouse

Feb 9 2012 | 3:52am ET

Steven Cohen was seen dining Tuesday with one of the Republican Party's rising stars, stoking questions as to whether he's playing kingmaker or attempting to cozy up with a close supporter of the likely G.O.P. presidential nominee.

Cohen broke bread with New Jersey Gov. Chris Christie at Manhattan steakhouse Quality Meats, Fox Business Network reports. The two discussed politics, including the 2012 presidential contest, over steak and a wine that runs at $355 per bottle.

Cohen and other SAC Capital Advisors employees, like many in the hedge fund industry, have switched sides after heavily backing President Barack Obama four years ago. Christie, who some hedge fund managers sought to draft into this year's presidential contest, is backing former Massachusetts Gov. Mitt Romney, widely seen at the frontrunner to challenge Obama in spite of losing three primaries and caucuses to right-wing candidate Rick Santorum, a former Pennsylvania senator.

Christie made his way into New York after grudgingly serving as host to the Super Bowl champion New York Giants at their stadium in East Rutherford, N.J., following the team's ticker-tape parade down Broadway. Christie is a Dallas Cowboys fan with a soft spot for the New York Jets.


In Depth

'Smart Beta' Funds In Regulators' Sights, Hedgies May Be Next

Mar 26 2015 | 11:11am ET

Funds that mimic strategies used by active managers for a fraction of the cost could...

Lifestyle

Study: Both Marriage and Divorce Lead to Negative Hedge Fund Performance

Mar 25 2015 | 6:51pm ET

Trouble at home leads to trouble in the market for fund managers, according to researchers...

Guest Contributor

Concerned About Your HFT Exposure? Hedge It!

Mar 26 2015 | 1:06pm ET

High-frequency trading has been a persistent storyline for several years. The trading...

 

Sponsored Content

    Mar 9 2015 | 6:35am ET

    Kelly RodriquesKelly RodriquesAs 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…

Editor's Note