Skip to content
Subscriber Only

Cohen’s Point72 Hires Scott Braunstein From JPMorgan

Point72 Asset Management LP, the firm that manages billionaire Steven A. Cohen’s money after he shut down hedge fund SAC Capital Advisors LP, hired Scott Braunstein from JPMorgan Chase & Co.’s asset management unit.

Braunstein, 50, joins as a money manager and will work with Anna Yaeger at the firm’s EverPoint Asset Management LLC unit in New York, according to an employee memo sent today. He spent 12 years at JPMorgan Asset Management covering healthcare stocks with a focus on biotechnology and pharmaceuticals. Braunstein is the brother of JPMorgan’s vice chairman and former Chief Financial Officer Doug Braunstein.