Hedge Funds

Cohen named partner at KDC multi-strategy


Kellner Dileo & Co., the New York-based multi-strategy shop with $500 million under management, recently became Kellner Dileo Cohen & Co. as the firm bumped up Steven M. Cohen to full partner and put him on the masthead. Cohen, a portfolio manager and chief investment officer, has been at the shop since 1996. The firm's multi-strategy approach includes merger arb, convertibles, high-yield and distressed.