{"id":66887,"date":"2018-12-02T01:19:07","date_gmt":"2018-12-02T06:19:07","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=66887"},"modified":"2018-12-04T01:36:24","modified_gmt":"2018-12-04T06:36:24","slug":"steve-cohens-point72-is-exploring-raising-venture-fund","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2018\/steve-cohens-point72-is-exploring-raising-venture-fund.html","title":{"rendered":"Steve Cohen’s Point72 Is Exploring Raising Venture Fund"},"content":{"rendered":"

(Bloomberg) Steve Cohen\u2019s Point72 Asset Management has discussed with clients the possibility of raising a venture fund at the same time he\u2019s predicting lackluster returns for hedge funds. Cohen, who made his $10 billion fortune running a hedge fund, spent years building a team led by Matthew Granade to make venture investments with his personal wealth through a unit called Point72 Ventures. They\u2019ve recently talked with prospective clients about adding a fund that would manage outside money, according to people with knowledge of the matter, who asked not to be identified because the discussions are private. The fund could exceed $750 million, one of the people said. <\/p>\n

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(Bloomberg) Steve Cohen\u2019s Point72 Asset Management has discussed with clients the possibility of raising a venture fund at the same time he\u2019s predicting lackluster returns for hedge funds. Cohen, who made his $10 billion fortune running a hedge fund, spent […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-66887","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/66887","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=66887"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/66887\/revisions"}],"predecessor-version":[{"id":66888,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/66887\/revisions\/66888"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=66887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=66887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=66887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}