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.”