{"id":80974,"date":"2022-03-14T00:50:38","date_gmt":"2022-03-14T04:50:38","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=80974"},"modified":"2022-03-14T01:07:58","modified_gmt":"2022-03-14T05:07:58","slug":"steve-cohens-point72-to-redeem-750-million-from-melvin-capital","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2022\/steve-cohens-point72-to-redeem-750-million-from-melvin-capital.html","title":{"rendered":"Steve Cohen\u2019s Point72 to redeem $750 million from Melvin Capital"},"content":{"rendered":"\n<p>(Reuters) Billionaire investor Steve Cohen&#8217;s Point72 Asset Management is pulling out the $750 million it invested in Melvin Capital Management, Bloomberg News <a rel=\"noreferrer noopener\" href=\"https:\/\/bloom.bg\/3whzrgL\" target=\"_blank\">reported<\/a> on Saturday. Point72 will soon start redeeming the money in portions over time, the report said, citing people familiar with the matter.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.reuters.com\/business\/steve-cohens-point72-redeem-750-mln-melvin-capital-bloomberg-news-2022-03-12\/\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) Billionaire investor Steve Cohen&#8217;s Point72 Asset Management is pulling out the $750 million it invested in Melvin Capital Management, Bloomberg News reported on Saturday. Point72 will soon start redeeming the money in portions over time, the report said, citing [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-80974","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/80974","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=80974"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/80974\/revisions"}],"predecessor-version":[{"id":80976,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/80974\/revisions\/80976"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=80974"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=80974"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=80974"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}