Hedge Fund and Insider Trading News: Steve Cohen, Crispin Odey, Eisler Capital, Rokos Capital Management, Long-Term Capital Management, Nuvation Bio Inc (NUVB), Asana, Inc. (ASAN), and More

Inside Point72’s Boot Camp for Developing All-Star Portfolio Managers, Where Steve Cohen is Known to Grill Up-and-Comers Who Think They’re Ready for the Big Time (Business Insider)
Once a year, billionaire Steve Cohen, one of the world’s most successful investors, grills a group of senior analysts who hope to soon run a piece of his $30.6 billion hedge fund, Point72. The budding portfolio managers lay out their biggest goals and ambitions, and Cohen gives his views on whether they will work or not. The pitch session is meant to push them out of their comfort zone, Harry Schwefel, Point72’s co-chief investment officer, told Insider.

Long-Term Capital Management’s Collapse, 25 Years Later (The Wall Street Journal)
The Long-Term Capital Management collapse—which led to an unprecedented rescue by the Fed—was 25 years ago. Heard on the Street revisited that crisis with a three-part series that wrapped up today. Catch up on the three installments here. Ending the LTCM Crisis Took Just One Bailout. We Should Be So Lucky Next Time. While a single firm’s collapse may be far less likely to cause a crisis, hedge funds collectively still have the power to unnerve the markets and regulators. And that is a much tougher problem to tackle.

Hedge Fund Manager Crispin Odey Faces Lawsuit Over Sexual Misconduct Allegations (Insurance Journal)
Two of Crispin Odey’s alleged victims have filed a lawsuit against the hedge fund manager and his eponymous former firm. Two former employees have submitted a civil claim against Odey Asset Management and the 64-year-old former executive, according to Jill Greenfield, a lawyer at Fieldfisher who is overseeing the claim. They have begun the proceeding in London’s High Court but have not yet served the defendants, Greenfield said.

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Hedge Fund Eisler Capital’s New Array of London Exits (eFinancialCareers)
Eisler Capital, the hedge fund founded by ex-Goldman Sachs partner and macro trader Ed Eisler, which boasts another ex-Goldman Sachs partner and strat, Sam Wisnia, as deputy CIO, is still leaking people. It’s hiring too, but as far as we can discern, the exits may exceed the entrances. Eisler declined to comment for this article, but sources say at least 12 people have left the fund in London in the past six months. Most were in London.