Chat Sports
Mets news

Elite Sports NY · Jan 23, 2023

Steve Cohen’s Mets war chest has already been replenished

Gregory Fisher | USA TODAY SportsIf you thought Steve Cohen might have to cut back a tad following the Mets’ offseason spending spree, think again.

New York Mets owner Steve Cohen’s Point72 hedge fund generated more than $2.4 billion in profits for investors last year.

Point72, whose headquarters are located in Stamford, Conn., posted a 10.3% net gain in 2022 despite economic headwinds, according to data from LCH Investments, which was cited by Financial Times.

Cohen, whose net worth has been valued by Bloomberg at nearly $13 billion, pocketed $1.7 billion in personal capital gains from his hedge fund, according to Institutional Investor.

Full story at Elite Sports NY

Chat Sports on YouTube

Chat Sports TV

NFL Daily | NBA Now | CFB Now

Subscribe

More Mets news

Dodgers Claim Christian Cairo MLBTradeRumors.com · 54m 1 realistic trade, 1 bold one, and 1 mistake NY Mets could make at the GM Meetings Fansided · 1h MLB rumors: Cubs’ Tarik Skubal sleeper status amid Dodgers vs. Mets battle immediately gets cold water dumped on it ClutchPoints · 4h The case for each Rookie of the Year finalist (7 p.m. ET, MLB Network and MLB+) Mets Official Site · 4h MLB rumors: Mets insider rejects Jacob deGrom reunion idea as Rangers face trade dilemma ClutchPoints · 4h 3 starting pitchers the NY Mets should target in a trade to pair alongside Tarik Skubal Fansided · 6h All Mets news