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

Q&A: Star Mountain's Brett Hickey On Investing In 'The Growth Engine Of America'

Sep 22 2017 | 5:06pm ET

Lower middle-market companies form the economic fabric of the nation, but they can...

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

Don’t Overlook These 6 Hybrid Cloud Concerns

Sep 14 2017 | 6:27pm ET

Cloud-based technology solutions have made tremendous inroads into the alternative...

 

From the current issue of

With NFL season on the horizon, it’s time to take a look at our Fantasy Football value picks. Last year, we nailed it on Drew Brees, Jordan Howard, Frank Gore and Dwayne Allen. We missed pretty badly on Duke Johnson, Demaryius Thomas, Mohammed Sanu and Eli Manning.