Saturday, 31 January 2015
Last updated 20 hours ago
Jul 30 2010 | 12:19pm ET
The New York Times’ “Weddings and Celebrations” pages are filled every week with stories about the weddings of beautiful young hedge funder to one another. But one hedge fund trader’s wedding to a former hedge fund employee has already stolen an unusual number of column inches in the Grey Lady and breathless coverage around the world.
Despite the best efforts of the planners, the details of former first daughter Chelsea Clinton’s marriage to 3G Capital Management trader Marc Mezvinsky are everywhere. The two will tie the knot at the Astor Courts estate in Rhinebeck, N.Y., 90 miles north of New York City, on tomorrow in a confab said to cost between $3 million and $5 million.
Clinton, the daughter of former President Bill Clinton and Secretary of State Hillary Rodham Clinton, is no stranger to the hedge fund world herself: The 30-year-old worked at Avenue Capital Group, headed by Marc Lasry, a generous donor to the campaigns of both of her parents, before leaving to study public health at Columbia University. Nor is her 32-year-old intended a stranger to politics. Both of Mezvinsky’s parents served in Congress, although his father spent time in prison for fraud.
Among the 500 revelers expected at the lavish Saturday nuptials are former British Prime Minister John Major, Steven Spielberg, Barbra Steisand, Ted Turner and Oprah Winfrey. Not on the guest list? President Barack Obama, who beat out Chelsea Clinton’s mother for the Democratic nomination for president two years ago. Chelsea worked on her mother’s campaign.
All of the A-listers in attendance will have to do without their connections to the outside world. All guests reported will have to turn in their cell phones and Blackberries, among other things, upon arrival.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…