Point72

Point72

Global asset manager for long/short equity

2024 Summer Internship - Data Engineer, Proprietary Research

Summer 2024Posted on 8/3/2023
$130k - $155k/yr
Internship
Bachelor's, Master's
New York, NY, USA
Company Historically Provides H1B Sponsorship

About the job

Requirements
  • Excellent attention to detail, organization, and project management skills
  • Superb business intuition and a solution orientated, methodological approach to problem solving
  • Ability to collaborate and build relationships across multiple business units within the firm
  • People who “elevate the room” through their work ethic, curiosity, and solution-orientated attitude
  • Adherence to the highest ethical standards working closely with the firm's Compliance team
  • Pursuit of bachelor's or MS degree in CS, Engineering, or other quantitative discipline
  • Experience or demonstrated interest in big data technologies
  • Solid understanding of computer science fundamentals (data structures, algorithms, etc.)
  • Strong experience in Python Development
  • Interest in working with data and big data problems and technologies, such as Spark and Scala
  • Ability to devise novel and innovative solutions to challenges
  • Commitment to the highest ethical standards
  • Integrity-You demonstrate 100% commitment to the highest ethical standards
  • Ownership-You take charge of your work, uphold your commitments, and always do your best
  • Commerciality-You focus on what matters, ask necessary questions, and are diligent about not wasting time
  • Humility-You welcome and are receptive to feedback and learn from past mistakes
  • Adaptability-You can triage business needs and context switch quickly and efficiently
  • Admirability-You elevate the room through your work ethic, domain knowledge, and work product
Responsibilities
  • Work closely with investment professionals, researchers, and data scientists to design, build, and launch robust end-to-end data pipelines and tools that that help extract the most value out of P72's data assets
  • Develop and support big data processing pipelines including but not limited to ingestion, transformation, and end-customer delivery
  • Build out cloud-based infrastructure using distributed techniques for other data engineers / data scientists / researchers
  • Be at the forefront of new technology developments with respect to the handling and processing of Big Data and conduct proof of concepts evaluations of new technologies
  • Build and support visualization and exploration capabilities around our big data sets
Desired Qualifications
  • Knowledge of/experience with graph databases is a plus

About the company

Point72 is a global asset management firm offering discretionary long/short equity, systematic, and macro investing, with a growing private markets portfolio. Its products combine active fund management with model-driven approaches across assets and geographies, earning money through management fees and performance-based incentives. The firm differentiates itself through a mix of discretionary trading, systematic methods, macro-focused strategies, a global footprint, and a commitment to ESG practices under Steven A. Cohen. Its goal is to generate superior returns for clients, grow assets, and maintain a culture centered on excellence and continuous learning.

Company Size

201-500

Company Stage

Private

Total Funding

$10.1B

Headquarters

Stamford, Connecticut

Founded

2014

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Simplify's Take

What believers are saying

  • September 7, 2026 Bloomberg said Point72 will double Japan headcount and capital.
  • Japan chief Shinji Ogawa cites governance reforms creating fresh alpha opportunities.
  • Point72 posted July 27, 2026 San Francisco office growth and summer intern hiring.

What critics are saying

  • August 2025 intern Andrew Pardo’s discrimination suit seeks $20 million in New York.
  • June 2026 Aperio sued Point72 over California money-manager use during the 2018 reopening.
  • Persistent legal fallout from SAC-era conduct can poison fundraising and trigger client withdrawals.

What makes Point72 unique

  • Point72’s multi-strategy platform spans discretionary equities, macro, quant, and private investments.
  • LaunchPoint and Point72 Academy funnel junior talent into portfolio manager roles.
  • Steven Cohen’s scale and global offices support rapid capital redeployment across regions.

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Benefits

Fully-paid health care benefits

Generous parental and family leave policies

Mental and physical wellness programs

Volunteer opportunities

Non-profit matching gift program

Support for employee-led affinity groups representing women, minorities and the LGBT+ community

Tuition assistance

A 401(k) savings program with an employer match and more

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Some top Squarepoint traders joined big funds. Now they're leaving again. 2 hours ago Squarepoint, the quantitative hedge fund, is sometimes compared to Qube Research and Technologies. Both are run by the French. Both spun out of banks. Based on our admittedly partial visibility, though, it seems that people might leave Squarepoint more frequently. Squarepoint's past departures include Nathan Benabou, a top quant portfolio manager (PMs) who left in 2021 and joined Point72 in Dubai, and Khalil Bouchareb, one of Squarepoint's top PMs, who went to Millennium in early 2025. We understand that Benabou has left Point72 and is enroute elsewhere. Some members of his seven person team are understood to have left too, although some have been redeployed at Point72. Similarly, we understand that Khalil Bouchareb will be leaving Millennium along with Antoine Le Calvez, a quant researcher who also formerly worked for Squarepoint. Bouchareb's intention is unclear; it's understood that he's still at Millennium at the moment. Point72 and Millennium declined to comment. Benabou didn't respond to a request to comment. Benhamou is thought to have been among the top performers at Cubist, Point72's systematic investing business. Cubist has been through a few changes. In late 2025, Point72 hired Geoffrey Lauprete, the former CIO of WorldQuant to run Cubist, thereby displacing Denis Dancanet. It's thought that Dancanet hired Benabou. Issam Bazzi, another senior quant on the team, was reported to leave in March. Lauprete has been hiring his own people to Cubist, including - most recently - John Koehl from Balyasny. Benabou's departure may have been prompted by these changes. Meanwhile, Squarepoint itself has been doing some hiring. Recent recruits to its team include macro portfolio manager Mark Orsley in New York (ex-BlueCrest) and Priyanka Chatterjee (ex-Verition). Squarepoint didn't respond to a request to comment. Follow me on X. Follow me on LinkedIn. Have a confidential story, tip, or comment you'd like to share? Contact: +44 7537 182250 (SMS, Whatsapp or voicemail). Telegram: @SarahButcher. Signal: sarahbutcher.22 Click here to fill in our anonymous form, or email [email protected]. Bear with us if you leave a comment at the bottom of this article: comments are moderated intermittently by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. You must take sole responsibility for comments you post on this site. We will take reasonable steps to weed out anything that we consider to be offensive or inappropriate. The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits. Boost your career. Find thousands of job opportunities by signing up to eFinancialCareers today. Top Articles

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Millennium closes in on $100bn AUM. * September 8, 2026 * - 9:18 am Related topics. Millennium Management is approaching the $100bn asset milestone as founder Izzy Englander continues to expand the multi-strategy hedge fund's capital base, through a combination of scale and consistently strong returns, according to a report by Bloomberg. The report cites unnamed people familiar with the business as revealing that the firm now manages approximately $97bn, more than twice the assets it oversaw six years ago. It is preparing to receive a further $22bn in investor commitments on 1 October, although only $2bn will be called immediately, with the remainder available to be deployed over the following four years. Millennium is also discussing a potential $3bn raise for a less-liquid credit strategy. If the firm continues to generate annual returns of around 10% or more while attracting additional capital, its assets could potentially exceed $130bn within the next few years. The expansion puts Englander's firm among an increasingly select group of hedge fund giants operating at unprecedented scale. AQR Capital Management has more than $140bn in hedge fund assets, while DE Shaw is managing roughly $90bn. Around half a dozen other firms now oversee more than $75bn. That concentration of capital among a relatively small number of managers is prompting some institutional investors to question whether the growth of multi-strategy and quantitative platforms could create new risks for financial markets. Many of the largest firms employ broadly diversified strategies but can still find themselves exposed to similar market conditions. In a period of stress, multiple managers could potentially reduce risk simultaneously, amplifying market moves. Millennium has accumulated assets faster than many of its largest multi-strategy competitors, including Point72 Asset Management and Balyasny Asset Management. It has also overtaken Citadel in recent years, with Ken Griffin's firm now managing approximately $77bn. Some rivals have deliberately restricted their growth. Citadel, for example, has returned capital to investors rather than continually expanding its asset base, reflecting concerns that additional scale could eventually make it harder to generate strong returns. Bridgewater Associates, once the first hedge fund to surpass $100bn, has also reduced its hedge fund assets following a prolonged period of weaker performance. Millennium briefly considered a similar approach. After disappointing performance around a decade ago, Englander discussed returning part of the approximately $35bn the firm managed at the time. But a strong performance in 2020 appears to have changed that trajectory, with the firm subsequently pursuing aggressive growth. Millennium raised a further $10bn in 2024 and has now deployed the final $5bn from that fundraising, according to people familiar with the matter. The forthcoming capital raise will replenish the firm's available funding and provide additional capacity for its investment teams. Englander, 77, has benefited personally from the firm's expansion. His fortune is estimated at approximately $32bn. Millennium's appeal to investors remains rooted in consistency rather than spectacular individual-year gains. The firm has generated an annualised return of around 14% since inception, compared with approximately 19% for Citadel, but has generally delivered regular monthly gains. It suffered just one losing year, in 2008, when it declined 3.5%.

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