Hedge Funds
On Saturday morning, a multi-alarm fire broke out at the headquarters of Point72 Asset Management (formerly SAC Capital), the $11 billion family office hedge fund run by billionaire Steven A. Cohen. Just before 8:30 a.m. ET, the Stamford Fire Department responded to a two-alarm fire at 72 Cummings Road in Stamford, Connecticut. It later became a three-alarm fire.