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SAC May Shut To New Investments

SAC Capital Advisors may close to new investment.

SAC Capital Advisors may closeto new investment, Market Watch reports. SAC, which has received net inflows recently, has about $14 billion assets under management.

The founder of SAC, Steve Cohen, currently oversees about 10% of the firm’s capital. The remaining assets of the firm are managed by about 100 internal-management teams.

Click here for the story from Market Watch.

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