Cohen, the 65-year-old dubbed the “Hedge Fund King”, founded Point72 in 1992 and it has approximately $22.1 billion worth of assets under management.

What type of fund is Point72?

Hedge fund. Point72 Asset Management, L.P., is an American hedge fund.

Who invested in Point72?

The Point72 investment in Manhattan-based Melvin Capital Management complements a $2 billion investment by Chicago-headquartered hedge fund Citadel, which also has offices in Greenwich. Both firms are taking a “non-controlling revenue share” in Melvin, according to an announcement released this week by the firms.