Thursday, 25 December 2014
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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.