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Ex-Hedge Fund Manager Who Destroyed Her Husband's Career And Reputation Is Doing Great

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Remember Kashya Hildebrand, the former Moore Capital Management partner whose ill-advised-but-not-illicit-according-to-her currency tradescost her husband his job as head of the Swiss National Bank?

Well, she's doing great and getting out of the fusty hellhole that is Zürich, where they understand neither cutting-edge Middle Eastern art nor the beauty of a well-timed franc-dollar trade.

An SNB audit of the transactions, published three months after he quit, cleared Hildebrand of any wrongdoing. He is now vice chairman at BlackRock Inc. in London and the family has moved to join him there. Kashya Hildebrand opens her new gallery in London’s Fitzrovia neighborhood on June 26.

“For me it’s a dream,” says Hildebrand, whose gallery focuses on artists from Iran, Syria and other Middle Eastern countries. “I am excited about it. A lot of people from the Middle East are choosing to have second homes in London as safe havens, and so you have the affluence, the dynamism, the multiculturalism and ethnic diversity….”

“People love to talk about Switzerland as a very sophisticated center for art and I am sure it is,” she says. “Swiss people on average speak three or sometimes four languages and they travel, they are very cosmopolitan and worldly. There is a lot of affluence here -- a big banking and financial community.” Yet Zurich, she says, is “very conservative.”

“In London you have a lot more ethnic diversity,” she says. “Here we are cutting edge, but in London it is much more the norm.”

Hedge Fund Nomad Turns Art Dealer, Opens Her U.K. Gallery [Bloomberg]


Woman Whose Ex-Hedge Fund Husband Demanded A Cut Of Her Shoes Just Rubbing It In His Face At This Point

Back in June, hedge fund manager Daniel Shak sued his ex-wife, Beth, over assets he claimed she'd hid during the couple's divorce. Said assets were Beth's shoes, which Daniel alleged were kept in a "secret room" and were worth approximately $1 million, 35 percent of which he wanted. It was a bit unclear as to why he was going after the footwear collection three years after the two split (though using the proceeds to relaunch his fund was a possibility) but the heart wants what the heart wants. Anyway, today brings just a couple follow-ups on the Shaks, both of which are slightly more exciting for Beth than Dan. 1. He won't see a single pair of Loubs. A civil suit brought by poker professional Dan Shak against his ex-wife, fellow poker pro Beth Shak, regarding her extensive shoe collection was dismissed in a court in New York after Mr. Shak advised his attorneys that he didn’t want to pursue the issue any further...the opening arguments apparently doomed the case in the eyes of the male Shak. Ms. Shak testified to Judge Daniele that her shoe fetish grew as a response to repeated denials of emotional attention from Mr. Shak. “I would not call these shoes a collection, I would call them a sickness at a particular point in my life,” Beth Shak testified to Judge Daniele as she recounted how Dan Shak would refuse her attempts at romantic encounters, according to the Post. “I tried to get him to go to therapy with me, but it just didn’t work,” the Post quotes Ms. Shak as testifying. “I was so unhappy with my marriage that all I did was shop. There was nothing to our relationship…he and I had nothing.” Further into her testimony to the court, Ms. Shak stated that not only did Mr. Shak know about the shoes but even signed off on all the bills as they came before him. After a break following Ms. Shak’s testimony, Mr. Shak apparently had a change of heart regarding the lawsuit. His attorneys informed Judge Daniele that their client wanted to withdraw the case, which Judge Daniele quickly granted. Looking square at Mr. Shak as she dismissed the case, Judge Daniele is quoted by the Post as stating, “Well, thanks for wasting everybody’s time.” 2. She's going into the shoe business! Now that that the suit is over, Shak, who has an image of a pair of Louboutons tattooed just below her waist, is concentrating one what's next — the launch her own line of shoes. Dan Shak Drops Lawsuit Against Beth Shak Following Opening Arguments [PND] Sexy Singles 2012: Beth Shak [Philly]

Not Kendrick. (ROAM)

Famous Rapper’s Headphones Actually Not-So-Famous Ex-Hedge Fund Manager’s Headphones

Steven Lamar is entitled to 0.8% of what Dr. Dre got from Apple for Beats.