Skip to main content

In Case You’re Wondering Where Everybody Is This Week...

  • Author:
  • Updated:

And by everybody, we of course mean the great hedge-fund art collectors, the answer is Miami. First, because it’s a lot less shitty, weather-wise, down there than it is in the greater Greenwich metropolitan area, and second, because it’s Art Basel’s winter sojourn from its namesake city, which is also very, very cold right now.

Among those who are hitting up the fair: Daniel Loeb, Steven A. Cohen and Blackstone Group honcho J. Tomilson Hill, whose Blackstone Alternative Asset Management is a major investor in hedge funds. All three were spotted Tuesday night at art dealer Larry Gagosian’s dinner.

Where Have All the Hedge-Funders Gone? To Miami, Apparently [WSJ MoneyBeat blog]


Hot rod Bill Ackman.

Look Who’s The 391st Richest Person In America

He’s not as rich as Carl Icahn yet, but Bill Ackman will almost certainly outlive him.


This Is Not Going Precisely As Steve Cohen Planned

He may have to do this new hedge fund thing by himself and for free, just to prove that he can.

Francis Montague Holl [Public domain], via Wikimedia Commons

In Memoriam: Hedge Funds We Lost This Week

Pioneers old and young, and some other, less notable funds, won’t see 2019.

Bill Ackman Is A Billionaire

Which is nice, although Carl Icahn is a billionaire 20 times over, and the richest alternative investment fund manager on Earth.


Dan Loeb Was All Over Facebook This Week

From politics to fashion, D-Lo is all about that social media lately.

(Google Streetview)

Marc Lasry Is Downsizing

But Barry Rosenstein is going big out east.