Friday, 27 November 2015
Last updated 1 day ago
Jun 23 2010 | 1:15pm ET
SAC Capital Advisors founder Steven Cohen is one of the 10 most active art collectors in the world, according ARTNews’ annual survey.
Cohen’s inclusion on the list comes after he and his wife, Alexandra, suffered something of a disappointment in London yesterday, as a rare Édouard Manet self-portrait owned by the couple sold for its low estimate. While the painting—one of only two Manet self-portraits—set a record at auction for a Manet canvas at £22.4 million (US$33.2 million), Sotheby’s had hoped that the painting could go for more than US$40 million.
The painting went to New York gallery owner Franck Giraud, who submitted the only bid.
In addition to the Cohens, only one other alternative investment tycoon made the ARTNews list: Apollo Management founder Leon Black. The top 10 were not ranked.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…