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Point72, the firm investing hedge fund mogul Steven A Cohen’s personal wealth, gets into healthcare

Point72 Ventures, the early stage investment firm that’s now solely investing the personal wealth of the multi-billionaire hedge fund magnate Steven A. Cohen, is getting into healthcare investing.
The firm has hired Scott Barclay, a former partner at the life sciences and frontier technology investment firm, DCVC, to run its new healthcare practice.
Since the investment firm is more like a family office than a traditional fund with limited partners, it’s hard to gauge the size of the firm’s commitment to healthcare — even from its partners. But a back of the envelope calculation should see the firm committing roughly $300 million to its healthcare efforts, according to Point72 Ventures managing partner, Matthew Granade.
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