Tuesday, 2 September 2014
Last updated 3 days ago
Jul 30 2013 | 10:06am ET
His hedge fund was indicted for fraud on Thursday. On Friday, it pleaded not guilty.
On Saturday, SAC Capital Advisors' Steven Cohen threw a party.
In spite of the insider-trading charges that threaten his 21-year-old firm, Cohen moved ahead with the previously-planned affair, Reuters reports. The event was intended to show support for ovarian cancer research, although it was not a fundraiser.
A few dozen people attended the evening party at Cohen's home in East Hampton, N.Y., where they shared $2,000 worth of tuna delivered by a local fishmonger.
The same determination to keep SAC up-and-running was behind Cohen's decision to not cancel the party, according to Reuters sources.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...