Friday, 25 July 2014
Last updated 45 min 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.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…