Picture 78.pngI know it sounds crazy but just– hear me out. As you’re aware, nobody gets any real respect in this business until they’ve found themselves some eccentric artist, duped his/her friends/colleagues/peers in the field/just rich people in general into buying said eccentric artist’s pieces for an obscene number of clams, and then having people say you, like, discovered the guy or put his name on the map or something. Unfortunately, Damien Hirst is spoken for. And for that matter, so is his ‘animal-in-formaldehyde’ shtick, which is pretty much exhausted at this point, having done not just the suspended-killer fish for the BSD crowd, but the unicorn as well, for those whose tastes veer more toward the Renaissance Fair-inspired, gay works. It’s always easier to come up with a gimmick in the early days, of course, so the next guy’s really gonna have to think big. Like, animals nailed to a cross big.

In a darkened 19th-century former church near London’s Regent’s Park, Michael Platt sips white wine and contemplates an unusual altar display: a life-size wax gorilla nailed to a wooden cross. The sculpture is a new work by Paul Fryer, a young British artist whom Platt, co-founder of hedge fund firm BlueCrest Capital Management Ltd., has sponsored for the past three years. Like a modern-day Medici, Platt has recouped his investment by selling Fryer’s works to collectors such as French billionaire Francois Pinault.

As he gazes at the ape — intended to represent the desecration of nature — Platt, 41, says, “The point is not to make money out of it; it’s to have fun. I’m not trying to make the art business my ticket out of the hedge fund world.”

So he’s not trying to get rich off this thing but obviously he’d like Fryer to do so, as it’d be a win-win for both of them. Who’s gonna step up to the plate? Don’t say no, just say maybe. Imagine how great that would look in the lobby of your hedge fund. First thing people see. Really sends a message.
BlueCrest’s Platt Turns Grandma’s Advice Into Hedge Fund Gold [BusinessWeek via BI]

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Comments (81)

  1. Posted by guest | January 6, 2010 at 5:10 AM

    $1 bob

  2. Posted by guest | January 6, 2010 at 5:12 AM

    what a hack.
    -SAC

  3. Posted by guest | January 6, 2010 at 5:12 AM

    When you have that kind of bread you can have a live gorilla nailed to a cross in your living room if you want. Thats f u money…

  4. Posted by Bess Levin | January 6, 2010 at 5:15 AM

    @3 that's actually a really good idea. performance art.

  5. Posted by guest | January 6, 2010 at 5:16 AM

    Bess, 3 here, exactly right. Also, being rich people won't think you are crazy, they'll think you are "eccentric". Its an added bonus

  6. Posted by guest | January 6, 2010 at 5:18 AM

    It's… beautiful!
    -DF

  7. Posted by NakedShort | January 6, 2010 at 5:18 AM

    @3 Burn in hell and take your gorilla hand ash trays with you.
    -Dian Fossey

  8. Posted by guest | January 6, 2010 at 5:18 AM

    @6 don't you think he'd be horrified?

  9. Posted by highlyconfident | January 6, 2010 at 5:19 AM

    Fuck You.
    -Dick F

  10. Posted by CoveredLong | January 6, 2010 at 5:22 AM

    Is Paul Fryer just a pen name for Elin Nordegren?

  11. Posted by guest | January 6, 2010 at 5:27 AM

    @10 golf clap for the racist

  12. Posted by guest | January 6, 2010 at 5:27 AM

    Dick Fuld is now a revered religious symbol?

  13. Posted by guest | January 6, 2010 at 5:29 AM

    Is it a coincidence, or does that gorilla closely resemble Dick Fuld?

  14. Posted by guest | January 6, 2010 at 5:33 AM

    Amateur hack, I brought $5.6 mil 20yrs ago.
    Bubbles
    http://latimesblogs.latimes.com/unleashed/2009/06…

  15. Posted by guest | January 6, 2010 at 5:36 AM

    hey fryer, I'm gonna piss in your mouth.
    -DH

  16. Posted by guest | January 6, 2010 at 5:40 AM

    this guy makes me look like i have good taste in art.
    http://dealbreaker.com/2007/12/a-serious-question…

  17. Posted by guest | January 6, 2010 at 6:27 AM

    Mike Platt is a huge a-hole. Definitely the most arrogant hedge fund manager I've met (and that's saying a lot).

  18. Posted by guest | January 6, 2010 at 6:33 AM

    I would much enjoy a Mexican coke shark strung up on a cross for my lobby.
    Little Lloydsy and his bank

  19. Posted by Lowly Assistant | January 6, 2010 at 6:53 AM

    Dick Fuld = Icarus

  20. Posted by guest | January 6, 2010 at 6:58 AM

    @17 and?

  21. Posted by guest | January 6, 2010 at 7:01 AM

    This sh*tsack site gets worse every day. Like baboons flinging crap at each other. Leave the crucifix out of it c**t.

  22. Posted by guest | January 6, 2010 at 7:03 AM

    @21 um, what in the fuck are you talking about? tard.

  23. Posted by guest | January 6, 2010 at 7:05 AM

    Um, if you can't figure it out then it is you that is the tard, tard.

  24. Posted by guest | January 6, 2010 at 7:05 AM

    21 = Pope Benedict.

  25. Posted by guest | January 6, 2010 at 7:06 AM

    sensitive christian@21 maybe you should take your issue up with the guy doing the crucifying, not DB, you complete and utter moron.

  26. Posted by guest | January 6, 2010 at 7:09 AM

    @23/21 yeah, we get it, we get that you're a sensitive little bitch who can't take some crucifixion jokes (and also is too retarded to realize the person you should cry to about "leaving the crucifix out of it" is the artist, not db"). in sum, kill yourself. maybe with nails and a two by four?

  27. Posted by Bess Levin | January 6, 2010 at 7:35 AM

    @21 I just spoke to Jesus and he's cool with it. He also apologized on behalf of your filthy mouth.

  28. Posted by guest | January 6, 2010 at 7:39 AM

    Cocaine is a hell of a drug.

  29. Posted by guest | January 6, 2010 at 7:46 AM

    @27 Bess, how is Mr. Blankfein doing, anyway?

  30. Posted by guest | January 6, 2010 at 7:52 AM

    @21 I don't think Jesus would've use the word cunt. and he probably hates you.

  31. Posted by guest | January 6, 2010 at 7:58 AM

    @30 maybe not bearded-lady-Jesus but I bet gorilla-Jesus curses like a drunken deaf-mute longshoreman when you piss him off, am I right?
    - not 21. obviously.

  32. Posted by merkin capital partn | January 6, 2010 at 9:12 AM

    From the title I was certain this was going to be the old "serena williams is at the pearly gates.." joke.

  33. Posted by guest | January 6, 2010 at 9:14 AM

    @gherkin tsk, tsk.

  34. Posted by american bandersnatc | January 6, 2010 at 9:23 AM

    This ain't art. Now if you put in a bucker full of urine, that would be art.

  35. Posted by guest | January 6, 2010 at 9:38 AM

    I like to think of Jesus as a mischievous badger.
    C.N. Jr.

  36. Posted by guest | January 6, 2010 at 9:10 AM

    $1 bob

  37. Posted by guest | January 6, 2010 at 2:12 PM

    what a hack.
    -SAC

  38. Posted by guest | January 6, 2010 at 9:12 AM

    When you have that kind of bread you can have a live gorilla nailed to a cross in your living room if you want. Thats f u money…

  39. Posted by Bess Levin | January 6, 2010 at 2:15 PM

    @3 that’s actually a really good idea. performance art.

  40. Posted by guest | January 6, 2010 at 2:16 PM

    Bess, 3 here, exactly right. Also, being rich people won’t think you are crazy, they’ll think you are “eccentric”. Its an added bonus

  41. Posted by guest | January 6, 2010 at 2:18 PM

    It’s… beautiful!
    -DF

  42. Posted by NakedShort | January 6, 2010 at 2:18 PM

    @3 Burn in hell and take your gorilla hand ash trays with you.
    -Dian Fossey

  43. Posted by guest | January 6, 2010 at 2:18 PM

    @6 don’t you think he’d be horrified?

  44. Posted by highlyconfident | January 6, 2010 at 2:19 PM

    Fuck You.
    -Dick F

  45. Posted by CoveredLong | January 6, 2010 at 9:22 AM

    Is Paul Fryer just a pen name for Elin Nordegren?

  46. Posted by guest | January 6, 2010 at 9:27 AM

    @10 golf clap for the racist

  47. Posted by guest | January 6, 2010 at 9:27 AM

    Dick Fuld is now a revered religious symbol?

  48. Posted by guest | January 6, 2010 at 9:29 AM

    Is it a coincidence, or does that gorilla closely resemble Dick Fuld?

  49. Posted by guest | January 6, 2010 at 2:33 PM

    Amateur hack, I brought $5.6 mil 20yrs ago.
    Bubbles
    http://latimesblogs.latimes.com/unleashed/2009/06/michael-jackson-animals.html

  50. Posted by guest | January 6, 2010 at 2:36 PM

    hey fryer, I’m gonna piss in your mouth.
    -DH

  51. Posted by guest | January 6, 2010 at 2:40 PM

    this guy makes me look like i have good taste in art.
    http://dealbreaker.com/2007/12/a-serious-question.php

  52. Posted by merkin capital partn | January 6, 2010 at 10:52 AM

    @33 I knew you'd like that one. Hope your holidays were enjoyable.

  53. Posted by guest | January 6, 2010 at 11:00 AM

    @36, pretty good holidays, not as hectic as usual. Likewise. Happy 2010. Here's hoping it's your most racist year ever.
    -33

  54. Posted by guest | January 6, 2010 at 3:27 PM

    Mike Platt is a huge a-hole. Definitely the most arrogant hedge fund manager I’ve met (and that’s saying a lot).

  55. Posted by guest | January 6, 2010 at 3:33 PM

    I would much enjoy a Mexican coke shark strung up on a cross for my lobby.
    Little Lloydsy and his bank

  56. Posted by guest | January 6, 2010 at 11:33 AM

    I like to think of my Jesus wearing a tuxedo t-shirt. It shows that he’s formal, ya know, but it also says, ‘Hey, I like to party'

  57. Posted by Lowly Assistant | January 6, 2010 at 10:53 AM

    Dick Fuld = Icarus

  58. Posted by guest | January 6, 2010 at 10:58 AM

    @17 and?

  59. Posted by guest | January 6, 2010 at 11:01 AM

    This sh*tsack site gets worse every day. Like baboons flinging crap at each other. Leave the crucifix out of it c**t.

  60. Posted by guest | January 6, 2010 at 11:03 AM

    @21 um, what in the fuck are you talking about? tard.

  61. Posted by guest | January 6, 2010 at 4:05 PM

    Um, if you can’t figure it out then it is you that is the tard, tard.

  62. Posted by guest | January 6, 2010 at 11:05 AM

    21 = Pope Benedict.

  63. Posted by guest | January 6, 2010 at 11:06 AM

    sensitive christian@21 maybe you should take your issue up with the guy doing the crucifying, not DB, you complete and utter moron.

  64. Posted by guest | January 6, 2010 at 4:09 PM

    @23/21 yeah, we get it, we get that you’re a sensitive little bitch who can’t take some crucifixion jokes (and also is too retarded to realize the person you should cry to about “leaving the crucifix out of it” is the artist, not db”). in sum, kill yourself. maybe with nails and a two by four?

  65. Posted by Bess Levin | January 6, 2010 at 4:35 PM

    @21 I just spoke to Jesus and he’s cool with it. He also apologized on behalf of your filthy mouth.

  66. Posted by guest | January 6, 2010 at 11:39 AM

    Cocaine is a hell of a drug.

  67. Posted by guest | January 6, 2010 at 11:46 AM

    @27 Bess, how is Mr. Blankfein doing, anyway?

  68. Posted by guest | January 6, 2010 at 4:52 PM

    @21 I don’t think Jesus would’ve use the word cunt. and he probably hates you.

  69. Posted by guest | January 6, 2010 at 4:58 PM

    @30 maybe not bearded-lady-Jesus but I bet gorilla-Jesus curses like a drunken deaf-mute longshoreman when you piss him off, am I right?
    - not 21. obviously.

  70. Posted by merkin capital partners | January 6, 2010 at 6:12 PM

    From the title I was certain this was going to be the old “serena williams is at the pearly gates..” joke.

  71. Posted by guest | January 6, 2010 at 1:14 PM

    @gherkin tsk, tsk.

  72. Posted by american bandersnatch | January 6, 2010 at 6:23 PM

    This ain’t art. Now if you put in a bucker full of urine, that would be art.

  73. Posted by guest | January 6, 2010 at 6:38 PM

    I like to think of Jesus as a mischievous badger.
    C.N. Jr.

  74. Posted by merkin capital partners | January 6, 2010 at 7:52 PM

    @33 I knew you’d like that one. Hope your holidays were enjoyable.

  75. Posted by guest | January 6, 2010 at 8:00 PM

    @36, pretty good holidays, not as hectic as usual. Likewise. Happy 2010. Here’s hoping it’s your most racist year ever.
    -33

  76. Posted by guest | January 6, 2010 at 8:33 PM

    I like to think of my Jesus wearing a tuxedo t-shirt. It shows that he’s formal, ya know, but it also says, ‘Hey, I like to party’

  77. Posted by TourdeFrance | January 7, 2010 at 3:57 AM

    $10 that Platt is banging the Fryer.

  78. Posted by TourdeFrance | January 7, 2010 at 7:57 AM

    $10 that Platt is banging the Fryer.

  79. Posted by Facer | August 27, 2010 at 2:18 AM

    yo facers

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