Friday, 26 December 2014
Last updated 1 day ago
Jan 14 2008 | 1:00am ET
Brian Cohn, who joined SAC Capital Advisors when it managed just $300 million, has announced his departure from the now-$15 billion firm after 11 years.
Cohn, SAC’s president, told colleagues on Friday that he plans to take a break before pursuing another opportunity. Last summer, Cohen suffered a personal tragedy when his six-year-old son drowned in the family pool.
Before joining Stamford, Conn.-based SAC, Cohn worked at International Fund Services.
Cohn is the second SAC executive to announce he is leaving the firm in a week.
James Rowen, chief financial officer, said last week that he would join East Setauket, N.Y.-based Renaissance Technologies as chief operating officer. SAC said that accounting and operations chief Dan Berkowitz will succeed Rowen, who joins James Simons’ quantitative shop in about a month.
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.