Point72 to Double Tokyo Staff to Meet ‘Enormous’ Opportunities
- Cohen’s fund aims for more than 60 workers, up from current 30
- Hedge fund starts intern program to attract young workers
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Point72 Asset Management plans to double its Japan staff to more than 60 people in the next few years to take advantage of what it says are “enormous” investment opportunities.
Steve Cohen’s $11 billion family office wants enough talent to match “alpha” opportunities in Japan, Marc Desmidt, the chief executive officer of Point72’s international business, said in an interview in Tokyo. The hedge fund has tripled its Tokyo staff to 30 in the past three-and-a-half years.