Hedge Funds

Horev joins Cohen's team at SAC

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Steve Cohen's Stamford, Connecticut-based SAC Capital Advisors has hired healthcare and pharmaceuticals analyst Avi Horev. Prior to joining the hedge fund giant, Horev had been a top-rated analyst at JPMorgan.

Horev's past coverage included a specialization in companies focusing on the orthopedics/cardiovascular sub-sector of the medical markets. Some of the companies Horev focused on at JPMorgan, while working with analyst Michael Weinstein, included Bristol-Meyers and spin-off Zimmer Holdings, Biomet Inc., Stryker Corp. and the Wright Medical Group.