What’s Steve Cohen declared to do now with a beginning $1.4 billion in his abridged and no Zamboni to ride about on: Throw some banknote at tech companies.
Sources say Stevie’s henchmen are attractive for a acclimatized adventure backer to advance about $100 actor of the billionaire’s claimed backing in tech startups. The headhunting is actuality overseen by Peter Berger and Frank Baker, both managing admiral in SAC’s clandestine disinterestedness assemblage who abutting the close a few years ago from Ripplewood.
We’re not abiding if the new position requires appropriate abilities with whiteboard markers and a agent for SAC beneath to comment. Rumors are additionally circulating that, already a administrator is found, SAC wants to accession $500 actor for a new adventure fund, but sources said there’s no plan on the table to accompany in alfresco capital.
While they’re still attractive for addition (submit your resume) the new adventure assemblage had time to do a accord aftermost week. On March 30, SAC Adventure Investments and J.P. Morgan took a pale in an cyberbanking derivatives trading close alleged Derivix. (The aggregation had already aloft $6.7 actor in Series A allotment from Goldman Sachs and Susquehanna Growth Equity.)
Also, a few years ago SAC’s adventure arm invested in a penny banal aggregation alleged Zoo Entertainment, which makes software for the Xbox, PlayStation, Nintendo Wii and a agglomeration of added video bold systems, so maybe there’ll be some candied freebies in it for you as a bonus.
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