REUTERS/Steve Marcus Billionaire hedge fund manager Steve Cohen has a new firm that's allowed to raise outside capital. Cohen indirectly owns "more than 25%" of the newly launched Stamford Harbor Capital and will not supervise anyone working on behalf of it, according to a regulatory filing. Cohen in January was barred by the SEC from supervising funds that manage outside money until 2018. The ban was to settle charges for failing to supervise a former portfolio manager who engaged in insider t...
Billionaire hedge fund manager Steve Cohen can start taking outside money again
Business Insider - 15 Apr 2016 15:07
REUTERS/Steve Marcus Billionaire hedge fund manager Steve Cohen has a new firm that's allowed to raise outside capital. Cohen indirectly owns "more than 25%" of the newly launched Stamford Harbor Capital and will not supervise anyone working on behalf of it, according to a regulatory filing. Cohen in January was barred by the SEC from supervising funds that manage outside money until 2018. The ban was to settle charges for failing to supervise a former portfolio manager who engaged in insider t...
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