Steven Cohen, founder of Point72 and majority owner of the New York Mets, attends a news conference at Citi Field, the home stadium of MLB's New York Mets, in Queens, New York, on Feb. 10, 2021. Billionaire investor Steve Cohen is retiring from the trading floor at his hedge fund Point72. The prominent hedge fund investor, who also owns the New York Mets, will continue his role as the co-chief investment officer at Point72, which Cohen converted from S.A.C. Most recently, the firm is planning to launch a separate, artificial intelligence-focused hedge fund to capitalize on the boom. Bloomberg News first reported on Cohen's move away from trading earlier Tuesday.

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Persons: Steven Cohen, Steve Cohen, Cohen, Steve, he's, Point72 Organizations: New York Mets, Citi Field, MLB's New York Mets, Capital Advisors, Bloomberg Locations: MLB's, Queens , New York, S.A.C