SAC Capital

SAC Capital Advisors (SAC Capital Partners, SAC Capital Management) is a group of hedge funds.


Cohen firm to stop special bonus incentive

No Pot Of Gold

Steven A. Cohen’s firm will stop collecting employees’ best trading ideas for a central investment pool and rewarding them with a special bonus, a practice that the U.S. government said created wrong incentives at his former hedge fund SAC Capital Advisors.

SAC judge makes historic insider trading statement


Five months after its initial terms were set, a historic criminal settlement between the former hedge fund SAC Capital and the Justice Department was approved by a U.S. district judge in a lower Manhattan court Thursday.


Michael Steinberg Still

SAC Backs Steinberg as Probe Moves Closer

SAC Capital fund manager Michael Steinberg was arrested by FBI agents as the U.S. government’s wide-ranging probe of insider trading at the $15bn firm got one step closer to founder Steven A. Cohen.