Point72 is a leading global alternative investment firm led by Steven A. Cohen. Building on more than 30 years of investing experience, we seek to deliver superior returns for our investors through fundamental and systematic investing strategies across asset classes and geographies.
Since inception, our firm has been driven bythe constant search for newideas as we have expandedacross strategies, geographies, andopportunities for talent.
1992
Steven A. Cohen founds SAC Capital
After starting his investing career at the brokerage firm Gruntal & Co., Steve Cohen founds SAC Capital with $20 million of AUM, based in New York.
1994
Firm begins investing using quantitative strategies
With the hiring of our first quantitative PM, the firm begins applying quantitative strategies to investing. In 2003, the systematic business expands into what is nowCubist Systematic Strategies.
1996
FirmestablishesheadquartersinStamford
The firm establishes headquarters in Stamford, CT. In 2002, SAC moves to 72 Cummings Point Road in Stamford overlooking the Long Island Sound, a campus setting where the business is still located today.
The firmopens its first international office in London, reflecting the evolution to a global business.Our European expansion continued with the opening of offices in Paris (2017) and Warsaw (2020).
November 2006
Firm expands totheAsia-Pacificregion
The firm opens an office in Hong Kong, which becomes the center of a durable and ever-growing presence intheAsia-Pacific region. We continued to grow in Hong Kong through the global financial crisis, and subsequently expandedinto Singapore (2009), Tokyo (2011),Sydney (2018), and Taipei (2019).
2010
Cohenfamily officelaunches
Steve CohenestablishesCohen Private Venturestomanage his personal and family investment activities.
Steve Cohen settles regulatory matters and transitions to Point72 as a family office exclusively managing the assets of Steve Cohen, his family, and eligible employees.
April 7, 2014
Point72 Asset Management founded
The firm formally adopts the name Point72 Asset Management and affirms its commitment to ethics and integrity by developing aMission and Values statement and building a best-in-class Compliance program.
December 2014
Firm formsCommunity Matters, asphilanthropic arm of Point72
August 2015
Point72 Academy launches with inaugural class
The firm launches the Point72 Academy to train undergraduates as fundamental long/short investment analysts. TheAcademyhas since expanded globally and now includes programs for sector specialists, candidates from nontraditionalbackgrounds, and early–career professionals.
January 8, 2016
Steve Cohen resolves administrative case with SEC
Point72 Founder Steve Cohen resolves administrative proceeding with the SEC.
Point72 Ventures, a global venture capital strategy led by a diverse set of domain experts that invests in all stages of a company’s growth from seed to IPO, launches.
January 1, 2018
Stamford Harbor Capital and Point72 merge to become Point72, a Registered Investment Advisor with the SEC
Point72 begins accepting outside capital in February and raises $5.76 billion over the course of 2018.
April 2018
Point72 establishesOffice ofInclusion and Engagement
Point72 namesJeanne Melinoas the firm’sChief Inclusion and Engagement Officer,responsible for strengthening firm culture and promoting a more diverse and inclusive workforce.
By 2020, Academy graduates made up more than one-third ofanalystsin ourlong/shortequity business. Since launching, the Academy emerges as a key source of diverse talent and Academy grads represent more than half of the women in our long/short business.
The firm establishes Point72 Private Investments as the new holding company for its growing institutional private investing activities, which include Point72 Ventures, a multi-stage venture capital strategy led by a diverse set of domain experts, and the firm’s growth strategy.
Steve and Alex’s charitable gifts now exceed $1 billion across underserved communities, children, the arts, sustainability, and psychedelic health research.
June 2022
Firm celebrates 30 years of innovation
After launching with one strategy and ~$20 million in AUM in 1992, by June 2022 the firm had grown to more than 1,800 employees across 18 global offices managing more than $24 billion.
July 2023
Point72 surpasses $30 billion in AUM
Our Values
Driven by our Mission and Values, we are dedicated to contributing to a more just and sustainable world and focused on nurturing our inclusive and community-driven culture. We welcome all employees to join our affinity groups and to give back through our Community Matters volunteering opportunities.