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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