Billionaire Investor Steven Cohen Pledges $325 Million to Combat PTSD in Vets

Dr. Magali Haas, CEO of Cohen Veterans Bioscience; Steven A. Cohen, CEO of Point72; Eric Kandel, professor at Columbia; and Anthony Hassan, CEO of Cohen Veterans Network, at the inaugural Cohen Veterans Care Summit at the Ronald Reagan Building in Washington, D.C. on Sept. 22, 2016.

His own son was a Marine.

Steven A. Cohen, the billionaire hedge fund manager whose former firm SAC Capital pled guilty to insider trading charges, rarely does speaking gigs. Always extremely private, the investor has hardly ever spoken publicly since the 2013 settlement.

But Cohen, who has since transformed his firm into a family office called Point72 that manages $11.6 billion of mostly his own money, broke his silence Thursday. The occasion was a special and deeply personal one to him: The kickoff of his inaugural Cohen Veterans Care Summit (or just “Cohen Cares,” as it’s called for short), a two-day meeting held in Washington, D.C. at the Ronald Reagan Building, a block away from the White House.

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