SEC backs Amni with $100m

Thu May 1, 2003



Steve Cohen's SAC Capital Advisors is thought to be the big name backer behind the multi-strategy Amni fund being launched later this month by a high-powered team of largely Salomon Smith Barney traders, led by Peter Hirsch. Cohen is understood to be investing $100 million with the fund.

While Amni is a multi-strategy fund, it will largely invest in fixed income products. This may have been one of the attractions for the SAC boss who has been steadily...

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