Hedge Fund Manager Buys House Near Kennedy Compound

Aug 27 2012 | 11:18am ET

A New York hedge fund manager may have—probably unknowingly—broken the hearts of Cape Cod's teeny-boppers.

The unidentified money manager has agreed to buy a Hyannis Port, Mass., house adjacent to the famed Kennedy compound. But rumors originally had the $4.9 million home going to pop star Taylor Swift, who is reportedly dating Conor Kennedy, Robert F. Kennedy's 18-year-old grandson.

Kennedy's grandmother, Ethel, lives across the street from the seven-bedroom home on Marchant Avenue. It is unclear whether Swift had any interest in the property, or if her link to it was mere hopeful rumor.

The deal for the 1.11 acre waterfront home, which has been on the market for at least two years, has not closed. The house has five-and-a-half bathrooms and is 4,440 square feet.


In Depth

Israeli Hedge Fund Harnesses Big Data

Jul 28 2014 | 8:10am ET

Apica Green is a multi-million dollar Israeli hedge fund that is based in Tel Aviv...

Lifestyle

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Guest Contributor

The Truth About Track Record Portability

Jul 24 2014 | 5:55am ET

The number of private funds converting to mutual funds has increased significantly...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Publisher's Note