Tide Point Is the Leader of the SAC Pack

Most of the 12 funds with roots to SAC Capital and tracked by ‘Alpha’ lagged the market last year, but one stood out.

Tide Point Capital Management was the top performer of 2016 in an otherwise mixed year for the so-called SAC Pack — hedge funds led by individuals who once worked for Steven Cohen’s SAC Capital Advisors.

Alpha is tracking one dozen funds within this group.

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