Point72 Exec Leaves the Firm to Launch Crypto Hedge Fund in October
Cointelegraph
Published Sep 21, 2018 06:16PM ET
Point72 Exec Leaves the Firm to Launch Crypto Hedge Fund in October
Former equities portfolio manager Travis Kling has left billionaire Steven Cohen’s Point72 Asset Management to launch his own digital assets fund, Bloomberg reported September 21.
Point72 is an asset management firm founded in 2014 as the successor of investment company SAC Capital Advisors. The latter pleaded guilty to federal insider trading charges and paid a $1.8 billion fine. Point 72 has offices in New York City, Hong Kong, Tokyo, Singapore, London, Paris, and Palo Alto, while its staff is marked with former IBM (NYSE:IBM) executive Timothy Shaughnessy as chief operating officer.
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Written By: Cointelegraph
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