How Point72’s highest-ranking woman worked her way up the ladder

Rachel D’Antonio is a managing director, the treasurer and the head of broker relations at Point72 Asset Management and the highest-ranking woman at the firm. D’Antonio is responsible for overseeing the family office’s equity financing, managing its credit counterparty relationships and its contract negotiations across products and counterparties. She is the firm’s main liaison with big banks. “I started my career at Point72 in operations, and then about a year and a half ago they asked me to take on the role of treasurer, which involves handling our financing activities, cash management and credit processes,” D’Antonio said. “In the...
Read More

Fed Officials See Gradual Rate Hikes as Upside Risks Debated

“There’s nothing here to radically change our view of where the Fed is likely to go. I still think the most reasonable base case for the next rate hike is June,” said Dean Maki, chief economist at Point72 Asset Management LP in Stamford, Connecticut. Traders see a rate hike by June as highly likely, according to prices of federal funds futures, which were little changed after the minutes were released. Read the full article...
Read More

Fed is now playing catchup

“We had a hawkish surprise from the fed yesterday,” said Point72’s Chief Economist, Dean Maki. “We’re seeing the economy turn stronger, we saw it in the third quarter, and we’re seeing it globally as well.”  Maki  appeared on CNBC to discuss the Federal Open Market Committee’s economic outlook with Kevin Caron, a Portfolio Manager from Washington Crossing Advisors, and anchors Wilfred Frost, Sarah Eisen, and David Faber. Watch the full segment...
Read More

Point72 Ventures Invests in Acorns to Fuel Expansion of its Found Money Rewards Program

“Cash forward” becomes new standard for brands who want to invest in Millennial’s futures NEW YORK, NY (November 22, 2016) – Point72 Ventures, the early-stage venture capital strategy of Point72 Asset Management, has invested $2 million in leading micro-investing startup Acorns. Acorns, the country’s fastest-growing micro-investing startup with more than 1.3 million accounts, allows users to start investing by rounding-up purchases on their debit and credit cards – for example, a purchase of $8.46 rounds to $9.00 – with the additional $0.54 invested into a portfolio of ETFs, enabling participants to link daily spending to investing. Acorns will use the investment to...
Read More

Here Is How Billionaire Steve Cohen Is Finding the Next Wall Street Star

Billionaire investor Steve Cohen, who now runs Point72 Asset Management, is on a mission to find Wall Street’s next stars. Point72 has launched a 12-month training program called Point72 Academy, which grooms upcoming finance talent. Jaimi Goodfriend, the director of the academy, says Wall Street faces competition for talent from Silicon Valley and the academy provides an opportunity to develop aspiring Wall Street analysts from across the globe.   Watch the full segment...
Read More