Wiggin and Dana Assists Point72 Asset Management with Investment in Emerging Quantitative Investment Firm

August 22, 2016

Wiggin and Dana LLP represented Point72 Asset Management, L.P., the Stamford, CT-based family office of Steven A. Cohen, in its July 2016 investment in Quantopian, Inc., a web-based trading platform that uses crowdsourcing to create new algorithms for investing capital. Point72 made this investment, the terms of which have not been disclosed, in connection with a commitment to allocate up to $250 million of capital to a Quantopian-managed investment account. The Wiggin and Dana team included partner Mark S. Kaduboski and associate James P. Greifzu.

To read more about this deal, click here.

To read the article, click here.