Cohen's Point72 Seeks to Raise Another $1Billion

Cohen's Point72 Seeks to Raise Another $1Billion

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses a hedge fund's plan to raise an additional $1 billion after a successful comeback last year, where it raised $5 billion. Despite mediocre returns of 1% last year, the fund is up 5% this year. The fund is reopening to new investors, with a higher fee structure compared to other hedge funds. The manager's past success with SEC Capital Advisors, which averaged 30% annual returns, is highlighted, indicating confidence in attracting new investments.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the hedge fund's fundraising goal for this year?

$5 billion

$2 billion

$1 billion

$500 million

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the hedge fund perform last year in terms of returns?

5% return

10% return

1% return

30% return

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the hedge fund's return so far this year?

10%

3%

1%

5%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How long was the hedge fund out of the game before reopening last year?

One year

Two years

Three years

Four years

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the average annual return of SEC Capital Advisors?

30%

20%

40%

10%