S tephen Cohen is an American real estate investor and the co-founder of The Arden Group, a private equity real estate firm. This entry is for the real estate investor, not to be confused with the hedge fund manager Steve Cohen. After a career in law and accounting, Cohen founded Arden in 1989. The company has since grown into a significant player in the U.S. property market, focusing on acquiring, developing, and managing assets in the hospitality and office sectors.
Under Cohen's leadership, Arden operates through a series of private equity funds, raising capital from institutional investors and high-net-worth individuals to invest in properties across the United States. The firm's strategy often involves identifying undervalued assets and adding value through repositioning and redevelopment. His wealth is derived from his ownership stake in the successful private real estate investment firm he co-founded.
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Steven 'Steve' A. Cohen is an American businessman, the self-made billionaire Founder, Chairman, and CEO of Point72 Asset Management (hedge fund) and Controlling Owner of the New York Mets (MLB). His career is rooted in elite finance, trading, and strategic corporate acquisition.
Cohen holds a B.S. in Economics from The Wharton School of the University of Pennsylvania (1978). His philosophical approach centers on technological excellence, scale efficiency, and long-term commitment to quantitative and fundamental trading (pioneering the multi-strategy hedge fund model). His career is marked by the insider trading investigation that led to the restructuring of his former firm, SAC Capital.
Steve Cohen's strategic genius was his commitment to absolute returns. He founded S.A.C. Capital Advisors in 1992, successfully building one of the most successful and aggressive hedge funds in history. His structural contribution is tied to pioneering the specialized equity trading model and driving consolidation in the hedge fund sector.
His career faced a major crisis in 2013 with the insider trading investigation that led to SAC Capital pleading guilty to criminal charges and paying a $1.8 billion fine (though Cohen was never charged criminally). He rebranded the firm Point72 in 2014 (initially as a family office). His structural move was the $2.4 billion acquisition of the New York Mets in 2020, securing his high-profile public position. His wealth is secured by the colossal, long-term, superior returns generated by Point72's trading strategies.
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Graduates with a B.S. in Economics from The Wharton School (Academic Achievement).
Founds S.A.C. Capital Advisors (Founding).
SAC Capital pleads guilty to insider trading charges (Corporate Crisis).
Rebrands the firm as Point72 Asset Management (Corporate Transition).
Acquires the New York Mets (MLB) for $2.4 billion (Sports Acquisition/Apex).
Continues as Founder and CEO of Point72 and Owner of the Mets (Executive Oversight).
Stephen Cohen's wealth is concentrated in his founding equity and continued executive leadership of the private hedge fund giant, Point72 Asset Management, and his sports assets.
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Stephen Cohen's social impact stems from Point72's role in providing essential capital and liquidity to global financial markets. His ownership of the New York Mets is a major civic asset for New York City. The Steven & Alexandra Cohen Foundation supports massive initiatives in children's health, veteran care, and education, committing hundreds of millions of dollars to medical research and community welfare.
His personal philanthropy supports various community and educational initiatives.
Stephen Cohen maintains the professional, composed style of a financial executive. His attire is consistently bespoke, favoring dark, tailored suits. His aesthetic reflects serious authority and stability, typical of a pioneer in the global hedge fund sector.
Residing in Greenwich, Connecticut, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to investment strategy, corporate governance, and philanthropy.
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+0.26% | +$5.15M
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