SAC Capital Advisors (SAC Capital Partners, SAC Capital Management) is a group of hedge funds.

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LATEST

SAC to split up, name 'surveillance' officer

Email Simon Stratford

Having returned the vast majority of its billions of dollars in public money to create a leaner, more private company, the hedge fund SAC Capital will reorganize its disparate trading divisions and rename them by April, according to an internal memo.

SAC still on hook in insider trading probe: Source

Money On Hook

The probe into possible insider trading continues with U.S. authorities looking at a number of hedge funds, including at least one individual at SAC Capital, a source familiar with the matter tells CNBC.

HOT LIST

No Pot Of Gold

Cohen firm to stop special bonus incentive

Steven A. Cohen’s firm will stop collecting employees’ best trading ideas for a central investment pool and rewarding them with a special bonus, a practice that the U.S. government said created wrong incentives at his former hedge fund SAC Capital Advisors.

Hedge Fund

SAC ends hedge fund era with 20% rise

Billionaire investor Steven A. Cohen's SAC Capital Advisors is ending its life as a hedge fund with a 20.1% gain this year, marking one of the industry's best returns even after SAC pleaded guilty to insider trading charges, a source familiar with the numbers said.

FEATURED

Pile Of Coins

Federal prosecutors seek 'any and all' SAC assets

SAC Capital and its founder Steve Cohen could be left penniless if prosecutors are successful in their case against the firm. U.S. Attorney Preet Bharara unveiled a civil complaint targeting "any and all assets" of SAC and its funds.