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Posted on: May 30, 2017, 5:21 p.m.
Steve Cohen’s Point72 Asset Management has made no money this year and barely posted a gain in 2016. Even so, he’s set an audacious goal: raising close to $10 billion in outside capital next year. Cohen plans to combine the new money with most of his family war chest of $11 billion, bringing the total to about $20 billion, according to people familiar with his family office. Full investment news articleRelevent to this post: Louisiana Economic Development Point72 Asset Management,