Business Insider -
19 Aug 2013 16:56

SAC Capital started the year with $15 billion in assets, $6 billion of which belonged to outside investors. But a high profile insider trading probe has seen Steve Cohen's embattled fund lose $3 billion in the first half of the year from investors (the firm has resisted client pressure to return all the money before the end of the year). Bloomberg reported that the firm expects to start 2014 with $9 billion in assets, meaning that nearly all of the outside investors will have bailed en masse. Ne...
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