Tuesday, 30 September 2014
Last updated 10 min ago
Apr 9 2012 | 10:19am ET
Brevan Howard Asset Management’s Mark Hillery has an impressive new place to rest his head—that vacated by none other than Oprah Winfrey.
Hillery and his wife, Melissa, paid $7.9 million for the 2,530 square foot apartment—less than a week after the television star put the place on the market in February. Winfrey bought the home four years ago for $7.1 million; she never actually lived there, instead handing the keys to her friend Gayle King.
The 57th Street apartment has three bedrooms and three-and-a-half baths. On the 26th floor, it features a 768-square-foot balcony, chef’s kitchen and floor-to-ceiling windows featuring views of both Central Park and the Hudson River.
“The Hillerys recognized the value that New York real estate represented compared to other world capitals, but mostly were looking for a New York home that they felt was a good representation of the excitement of the city,” Anjollie Feradov, who represented the Brevan Howard trader, said in a statement. “Oprah’s penthouse fit their needs and the sale was consummated quickly.”
Hillery joined Brevan Howard in 2009 from Tudor Investment Corp., where he was head of emerging markets.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
The trading world is inundated with strategies and techniques. Here’s one way traders can get a handle on information overload.