Saturday, 31 January 2015
Last updated 11 hours ago
Mar 4 2014 | 9:27am ET
Matrix Capital Management had a banner year in 2013, and co-founder David Goel is celebrating with a new pied-a-terre.
Goel paid $19 million for a three-bedroom apartment on New York’s Fifth Avenue. The residence spans the building’s sixth floor and features a library, two fireplaces and “his and hers ensuite marble-clad baths.”
Goel bought the apartment from Seagram Co. heir Charles Bronfman. He had sought $19.9 million for the place. Bronfman paid $21 million for it in 2010.
The building is at Fifth Avenue and 62nd Street.
Matrix returned 56% through October last year, and 20% in 2012.
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…