Point72 LaunchPoint
We started our emerging portfolio manager program in 2012 because we saw how strongly preparation influenced the long-term success of new portfolio managers. Point72 LaunchPoint will support and subsidize your business as you build your team, process, and infrastructure, so you launch ready for the challenge of the market.
As you build your business with us, you’ll benefit from a network of peers and alumni, years of infrastructure development, and an institutional understanding that your business is a key part of our firm’s future.
of L/S portfolio managers launched through the program
of portfolio managers in the program were promoted internally
of portfolio managers launched since 2019 are still here
as of 4/1/2024
Portfolio Managers in Point72 LaunchPoint share certain characteristics: a passion for the markets, deep domain expertise, and a desire to be an entrepreneurial investor while adhering to the highest ethical standards.
We act as a business incubator, tailored to enhance your individual strengths, fill any gaps in your process, and lay a strong foundation for your career here.
“I’d been an analyst for 13 years, six at Point72, and I felt like I had a good process and depth in my coverage. When I was entering the program, all of the questions I was being asked were about how to play to my strengths: What kind of business do you want to run? What sort of team? What tools do you need? How can we support your success? The leaders here have built their own portfolio manager businesses, taken risk in the market, and seen ups and downs. They know different styles can succeed and really want to underwrite your growth.”
We provide you with time, support, and capital so you can focus on building your business – and our Firm leadership makes every effort to help enable your success.
“We spend a lot of time developing our talent and giving them the resources they need to best adapt and grow in their careers. I started my career in Point72 LaunchPoint which was a fantastic experience and since then, I’ve seen three of my own analysts become PMs here. A lot of the best practices that I continue today and impart on my team were learned while I was in the program. It’s a great opportunity to hone your skills and test your limits while building your business.”
Steve Cohen founded this firm as a PM and ran a book for more than 40 years. Harry Schwefel, our Co-CIO, was a PM here for over a decade, and Jon Weiner, Head of Point72 LaunchPoint, ran a healthcare portfolio at our firm for 25 years. That experience imbues our emerging manager program with a firsthand understanding of the job and a deep respect for the diversity of perspectives that can succeed in our industry.
For over 30 years, we have been empowering our investment professionals to pursue greatness. Here, you can play to your strengths and grow your career as an investor, learn from peers with proven expertise, and leverage our extensive resources.
Working here, you’ll find a flat, entrepreneurial structure and colleagues as dedicated to innovation and excellence as you are. Our culture of mentorship and development can help you build a long-term career and make an impact on our business.
Driven by our Mission and Values, we are dedicated to contributing to a more just and sustainable world and focused on nurturing our inclusive and community-driven culture. We welcome all employees to join our affinity groups and to give back through our Community Matters volunteering opportunities.