Cohen Nets $50M For Two Paintings

May 13 2011 | 12:21pm ET

It's been a good couple of weeks for Steven Cohen, art collector.

The SAC Capital Advisors founder, who gave a rare public interview at the SkyBridge Alternatives Conference in Las Vegas on Wednesday, fetched nearly $50 million for a pair of paintings at two separate auctions.

On Wednesday, his Andy Warhol portrait of Elizabeth Taylor was bought for $26.9 million. A pair of telephone bidders battled over the 1963 silk-screened image of the late actress, who died just days after Cohen consigned the painting to auction.

Last week, a landscape by Maurice de Vlaminck owned by Cohen sold for $22.5 million.


In Depth

Steinbrugge: Will Hedge Funds Help or Hurt During the Next Market Correction?

Sep 7 2016 | 11:55pm ET

Most investors have become accustomed to quick rebounds when markets correct, but...

Lifestyle

Quattrex Sports AG Debuts Soccer-Focused UCITS Fund

Sep 9 2016 | 9:54pm ET

Innovative alternative investment company Quattrex Sports has unveiled a new UCITS...

Guest Contributor

Malik: The Ever-Changing Middle Market and The Entering Class of 2016

Sep 2 2016 | 5:01pm ET

Deal sourcing and origination is only going to get more competitive given current...