Friday, 3 July 2015
Last updated 6 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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…