Cohen Loses Another Top Trader Before Hedge Fund Launches
- Jeff Miller, co-head of U.S. trading, departs Point72
- Firm has also cut plans for a three-year capital lockup
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Steve Cohen’s new hedge fund is hitting a little turbulence.
One of Point72 Asset Management’s senior staff -- Jeff Miller, co-head of U.S. trading -- has left the firm, according to people familiar with the matter who asked not be identified. Miller had spent more than a decade working for Cohen. He follows global head of trading Phil Villhauer, who, as Bloomberg News reported in October, was leaving after 15 years.