Point72 creating new equities unit, expanding stock-picking operations By Investing.com
Update: 2025-11-03
Description
**Summary:**Steve Cohen's hedge fund, Point Seventy-Two Asset Management, is expanding its stock-picking business by launching a new equities unit, Valist Asset Management. This move, similar to other major hedge funds, aims to better manage risk, share ideas, and seize more market opportunities. The new structure is expected to position Point Seventy-Two for continued growth and flexibility, with the real impact set to be revealed once Valist Asset Management begins operations in January.
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