Thursday, 25 December 2014
Last updated 1 day ago
Dec 20 2012 | 9:43am ET
Andor Capital Management founder Daniel Benton has bought a Manhattan penthouse for $39 million.
Benton's new digs, at 730 Park Avenue, were quietly offered for sale after a neighboring penthouse, owned by the late private-equity manager Ted Forstmann on 70th Street, fetched $40 million in June. Benton's duplex was originally offered for $35 million.
The apartment sits on the top two floors of the 20-story building, at 71st Street on New York's Upper East Side. It features 12 rooms, five terraces and views of Central Park. There is a grand staircase, a solarium and a breakfast room with a glass ceiling.
Benton closed Andor in 2008 and retired. The firm, which once managed $2 billion, focused on technology. He and his wife already life in the building, in a lower-floor 12-room duplex they bought in 2007 for $21 million.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.