SAC Capital Advisors, the $15 billion hedge fund founded by billionaire Steven A. Cohen, is losing the financial support of its biggest outside investor, according to a report by Reuters, which cited a letter it reviewed. The report said that a pension consultant, operated by Russell Investments, in a May 21 letter to clients wrote […]
View the full post at: Blackstone (BX) to Pull Much of its Client Money from SAC Capital: Report