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Point72’s UK entity hikes pay costs by 50% after revenue surge, hiring spree

Hedge Funds

Hedge Funds Correspondent

Point72 boss Steve Cohen also owns the New York Mets (Photo by Alejandra Villa Loarca/Newsday RM via Getty Images)

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The London office of Point72’s spent 50% more on staff last year as its revenue surged.

Point72 UK Limited’s staff costs came in at $310m last year, up 50% compared with $207m in 2023, according to its latest accounts published on Companies House on 7 August.

The entity’s revenue hit $467m last year, up from $299m in 2023

Bilal Jafar

Business

Investing

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