According to the NY Post hedge-fund mogul Stevie Cohen will
be pitching at Yankee Stadium tomorrow.
No, the 56-year-old billionaire is not suiting up for the Bronx Bombers
— but he will be hoping the magic of the House that Ruth Built will yield some
investment cash.
Cohen, whose SAC Capital faces a loss of $1.7 billion from
investors who want out of his $15 billion hedge fund, is one of about 70 hedge
fund managers who’ll be at the Stadium tomorrow making a pitch to prospective
new investors at a day-long event sponsored by Goldman Sachs.
SAC, which just settled Securities and Exchange Commission
charges over insider trading, has recently re-opened its fund to new
investments….
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