Lifestyle

Brevan Partner Buys Oprah Apartment

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.


In Depth

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

CAIS: How Technology is Disrupting the Alternative Investment Industry

Nov 7 2017 | 5:35pm ET

If there’s one thing that alternative investment professionals can agree on, it...