Wednesday, 28 January 2015
Last updated 14 min 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.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…