The hedge fund SAC Capital received between $2 billion and $3 billion in requests last week from investors for the return of capital, say people familiar with the matter, with the total being closer to $3 billion amid an intensifying Justice Department investigation.
Former SAC Capital Advisors portfolio manager Mathew Martoma is scheduled to go on trial November 4 on charges he helped the hedge fund founded by Steven A. Cohen make $276m using illegal tips about a drug to treat Alzheimer’s disease.
A day after a crucial deadline for investor withdrawals, traders and money managers are still waiting for details on exactly how much capital the $15 billion hedge fund has lost.
Your child's voice is music to your ears, and this deal will be music to theirs as the cast of Sesame Street sings directly to your child: • $10 ($20 value) for a music CD featuring 23 personalized Elmo songs by Songs With My Name • Your child's name will be incorporated into the songs and dialogue more than 60 times • With thousands of names to choose from, you can end your child's day on a high note "My 1-year-old daughter loves this cd.
Bloomberg’s Kelly Bit reports on the investigation into SAC Capital and its affect on investors.
Steven A. Cohen may be left with less than $1bn from outside investors, down from $6 billion at the start of the year, after today’s deadline for withdrawals from his SAC Capital Advisors LP, according to four people with knowledge of the situation.
Billionaire hedge fund manager Steven Cohen is losing the financial support of Blackstone Group, the largest outside investor in his embattled SAC Capital Advisors, which is yanking much of its client money, according to a letter reviewed by Reuters.
FOX Business Network’s Senior Correspondent Charlie Gasparino reports on SAC Capital founder Steve Cohen'
Settlement talks between SAC Capital and the federal government, which could have led to a pact preventing criminal charges against founder Steven Cohen, are off after Cohen was issued a subpoena by prosecutors last week.
Settlement talks between Steve Cohen's hedge fund SAC Capital and the government have broken down, according to sources.
A group of burned investors wants Steve Cohen’s SAC Capital to fork over nearly $1bn - cash the hedge-fund giant earned by trading on alleged inside information of drug company Elan Corp.
SAC Capital Advisors (SAC Capital Partners, SAC Capital Management) is a group of hedge funds.
Former SAC Capital Advisors portfolio manager Mathew Martoma is scheduled to go on trial November 4 on charges he helped the hedge fund founded by Steven A. Cohen make $276m using illegal tips about a drug to treat Alzheimer’s disease.
FOX Business Network’s Senior Correspondent Charlie Gasparino reports on SAC Capital founder Steve Cohen'
The hedge fund SAC Capital received between $2 billion and $3 billion in requests last week from investors for the return of capital, say people familiar with the matter, with the total being closer to $3 billion amid an intensifying Justice Department investigation.
