Point72 Office: A Hub for Asset Management and Careers

Author

Reads 855

Man in Black Suit Sitting on Chair Beside Buildings
Credit: pexels.com, Man in Black Suit Sitting on Chair Beside Buildings

Point72 is a global investment management firm with a significant presence in the financial industry.

Located in Stamford, Connecticut, the Point72 office is a major hub for asset management and careers in the field.

The firm's headquarters is a 12-story building that serves as the central location for its operations.

Point72 has a strong reputation for attracting top talent in the industry, with many of its employees being highly experienced and skilled professionals.

Company History

Point72 was founded in 2014 by Steve Cohen as the successor to SAC Capital, after the firm pled guilty to federal insider trading charges and paid a $1.8 billion fine.

In 2014, SAC Capital transferred the bulk of its assets to Point72 and was placed in "run-off", or a winding-down of its operations.

Douglas D. Haynes was appointed president in August 2014.

Timothy Shaughnessy was appointed CEO in August 2014, but he retired in 2018.

Gavin O'Connor, who joined the firm from Goldman Sachs, took over as CEO in 2018.

For your interest: Ceo of Bain Capital

Gender Bias Lawsuits

Credit: youtube.com, The Gender Discrimination Point72 Lawsuit

Point72 has faced multiple lawsuits from employees alleging gender and pay discrimination.

The firm settled a gender and pay discrimination suit brought by Lauren Bonner, the company's former Head of Talent Analytics, in September 2020.

Haynes, the former president, resigned in March 2018 amid a gender bias lawsuit.

The New York Times reported on Haynes' resignation and the subsequent appointment of Cohen as president.

Internships & Early-Career Opportunities

If you're looking to break into the industry or simply explore your options, Point72 offers a range of internships and early-career opportunities.

You can explore your path to Point72 regardless of your current situation, whether you're working toward your degree, searching for your first job, or looking to take on new challenges.

Point72 invests in its people, providing exceptional healthcare benefits as part of its comprehensive benefits package.

Generous parental and family leave is also available, giving you the flexibility to balance work and life.

Here are some of the benefits you can expect:

  • Exceptional healthcare benefits
  • Generous parental and family leave
  • Supplemental retirement plans with employer match
  • Tuition assistance
  • Premium office space and amenities

Point72's benefits can vary by region, so be sure to check with your HR representative for specific details.

We Care for Our People

Credit: youtube.com, Success as Part of a Team

At Point72, we truly care for our people. We believe that a happy and healthy team is the key to success.

Our exceptional healthcare benefits are one of the many ways we show our appreciation for our employees. We want to ensure that they have access to top-notch medical care, so they can focus on their work and well-being.

Generous parental and family leave is another important benefit we offer. This allows our employees to balance their work and family responsibilities, knowing that they have a supportive employer behind them.

Supplemental retirement plans with employer match are also available to our employees. This helps them plan for their future and secure their financial well-being.

We also provide tuition assistance, so our employees can pursue their educational goals and develop new skills. This is a great way for them to invest in their careers and personal growth.

Here are some of the benefits we offer to our employees:

  • Exceptional healthcare benefits
  • Generous parental and family leave
  • Supplemental retirement plans with employer match
  • Tuition assistance
  • Premium office space and amenities

Business Expansion

Credit: youtube.com, Why Steve Cohen's Point72 is expanding in Asia

Point72 is expanding its office space in Manhattan.

The company plans to lease over 175,000 square feet across six floors at 55 Hudson Yards, a 51-story office tower set to open in 2018.

This will provide space for about 700 employees, more than doubling the current capacity of Point72's two Midtown buildings.

The new offices will be located a mile apart from the current buildings, at 510 and 330 Madison Ave.

Point72's Stamford headquarters will remain unaffected by the expansion, and Stamford employees will still be able to work in the new Manhattan offices.

As the company grows, it will be able to give Stamford employees the opportunity to work in the New York office and learn from their counterparts there.

Point72 currently has a total of about 1,000 employees, with plans to add more analysts in Connecticut.

The company's founder, Steven Cohen, has a fortune estimated to be around $11 billion, according to the Bloomberg Billionaires Index.

Expand your knowledge: Hipaa Compliant Office Space

Credit: youtube.com, Steve Cohen's Point72 Eyes Asia Expansion | CNBC

Cohen's assets are managed by Point72, which also manages assets for some of his employees.

The expansion is part of Point72's commitment to providing the best office space available in key locations, including Asia, Connecticut, London, and New York.

The company's growth and expansion plans are expected to continue despite regulatory restrictions on Cohen's activities.

Frequently Asked Questions

Does Point72 pay well?

Yes, Point72 offers a wide range of salaries, from around $62,000 to over $263,000 per year, based on data from Indeed. Salaries vary significantly depending on the role, making it a potentially lucrative career choice for the right candidates.

Where is Point72 ventures located?

Point72 Ventures is a global fund with locations in New York, Seattle, San Francisco, and Washington, D.C. Our diverse presence allows us to invest in innovative startups worldwide.

Is Point72 hard to get into?

Getting into Point72 requires thorough preparation and a strong combination of education, experience, and skills. With the right preparation, candidates can significantly improve their chances of being considered.

Where is Point72 based?

Point72 is headquartered in Stamford, Connecticut, with affiliated offices worldwide. Our global presence spans major financial hubs.

Is Point72 a top hedge fund?

Point72 is a top-performing hedge fund, having gained over 10% in value through August 2023 and managing a record $35.2 billion in assets. Its impressive growth and significant market presence solidify its position as a leading player in the industry.

Lisa Ullrich

Senior Copy Editor

Lisa Ullrich is a meticulous and detail-oriented copy editor with a passion for precision. With a keen eye for grammar and syntax, she has honed her skills in refining complex ideas and presenting them in a clear and concise manner. Lisa's expertise spans a wide range of topics, from finance and economics to technology and culture.

Love What You Read? Stay Updated!

Join our community for insights, tips, and more.