Oct
19
Steven Cohen May Return to Hedge Fund Industry When Ban Expires
By
Steven A. Cohen, the billionaire investor, in Los Angeles. CreditColey Brown for The New York Times
Steven A. Cohen, a billionaire investor barred from managing money for others, is one step closer to making his return to the hedge fund industry.
Mr. Cohen, whose former hedge fund pleaded guilty to insider trading charges, has confirmed that a new investment firm he opened this year will probably begin raising money from outside investors in early 2018.
“I think we’re leaning that way,” Mr. Cohen, 60, said in a recent interview at his office in Stamford, Conn. “But we haven’t made a final decision.”…
Steven Cohen May Return to Hedge Fund Industry When Ban Expires
