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SAC considers stake sale

The $14 billion hedge fund manager run by billionaire Steven Cohen is considering selling up to 20% of itself in a private offering.

SAC Capital Advisors LLC, the $14 billion hedge fund manager run by billionaire Steven Cohen, is considering selling up to 20% of itself in a private offering, published reports said.
The Stamford, Conn.-based firm is reportedly marketing stakes to foreign investors, including Asian government-oper

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