Tuesday, 4 August 2015
Last updated 11 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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…