Hedge Fund Focus

Background Information

• Manger: SAC Capital Advisors [a/k/a SAC Capital Partners, SAC Capital Management]
• Public/Private: Private
• Location: New York City
• AUM: reportedly $16 billion
• Strategies: long-short, multi-strategy
• Founder: Steven A. Cohen
• Funds:
• Performance Fees: reportedly 50%
• Other: it is rumored that SEC accounts for up to 3% of the NYSE’s daily trading volume

****

Hedge Fund Focus Stories on SAC Capital

CNBC Discussion Regarding SAC Capital

9-18-06 Charles Gradante on CNBC’s Closing Bell with Maria Bartiromo

This interview came after Steven A. Cohen of SAC Capital made comment to the Wall Street Journal regard big hedge fund returns.  According to the video Mr. Cohen stated that the time of big returns to hedge funds were over - that everything has been picked over.