Steve Cohen's Top Trader Leaves Point72
- Villhauer exits as Cohen prepares to manage outside money
- Trader was hired by hedge fund SAC Capital Advisors in 2002
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Phil Villhauer, global head of trading at Steve Cohen’s $11 billion family office Point72 Asset Management, is leaving the firm after working for the billionaire for 15 years, according to a person familiar with the matter.
Villhauer joined the firm’s predecessor, SAC Capital Advisors, as a trader in 2002 and four years later was promoted to head of global equity trading, according to a biography on the company’s website. In addition to his most recent role, Villhauer, 52, oversaw portfolio managers specializing in trading industrial companies. The New York Times earlier reported his retirement.