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Tough Times for Several of the SAC PAC

Hedge funds with roots to Steven Cohen’s SAC Capital have shut down while others are struggling to perform.

  • By Steve Taub

Hedge funds with roots to Steven Cohen’s SAC Capital are struggling to perform in long-short equity.Although in 2017 the stock market and hedge funds had their best year since 2013, at least two of the so-called SAC PAC firms have shut down, while many others have had trouble distinguishing themselves

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