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Steve Cohen (businessman) - Wikipedia

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Steven A. Cohen (born June 11, 1956) is an American hedge-fund manager and owner of the New York Mets of Major League Baseball since September 14, 2020, owning just over 97% of the team.[3] He is the founder of hedge fund Point72 Asset Management and S.A.C. Capital Advisors, which closed after pleading guilty to insider trading and other financial crimes.[4] In 2013, the Cohen-founded S.A.C. Capital Advisors pleaded guilty to insider trading and agreed to pay $1.8 billion in fines ($900 million in forfeiture and $900 million in fines) in one of the biggest criminal cases against a hedge fund. Cohen was prohibited from managing outside money for two years as part of the settlement reached in the civil case over his accountability for the scandal. The hedge fund agreed to plead guilty to wire fraud and four counts of securities fraud and to close its doors to outside investors.[1] Cohen loosely inspired the character Bobby Axelrod, played by Damian Lewis, on the Showtime series Billions.

Steve Cohen (businessman) - Wikipedia Jump to content From Wikipedia, the free encyclopedia American businessman (born 1956) For other persons with a similar name, see Steve Cohen (disambiguation) . "Steven A. Cohen" redirects here. For the American academic, see Steven A. Cohen (academic) . Steven Cohen Cohen at a New York Mets game in 2023 Born ( 1956-06-11 ) June 11, 1956 (age 70) Great Neck, New York , U.S. Education University of Pennsylvania ( BS ) Known for Record insider trading fine of $1.8 billion Title Founder, S.A.C. Capital Advisors & Point72 Asset Management Owner, New York Mets

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