SAC gets personal with non-compete

Thu Apr 1, 2004

There have been all sort of non-competes written into employee contracts by hedge fund groups, but none has been quite as specific or personal as the one that has recently been introduced by Steve Cohen's $4.5 billion SAC Capital Advisors. In what may seem like a bizarre twist, the firm has begun to specify the firms where its incoming employees can't go...

ISSN: 2151-1845 / CDC10004H


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