Hedgie loses fund, wife

Written By Unknown on Minggu, 23 Maret 2014 | 17.08

Modal Trigger

Adam Sender, a hedge-fund manager and a witness in the Anthony Pellicano trial, leaves Federal Court in Los Angeles, CA on Tuesday, April 1, 2008. Photo: Francis Specker

Talk about a midlife crisis.

Adam Sender, 45, who announced last month he is closing his Exis Capital Management fund, plans to auction off 400 pieces from his contemporary art collection he has been amassing since 1998.

Sender — a former SAC Capital fund manager — has seen assets at his 16-year-old firm fall from a high of more than $3 billion to just $75 million at the end of 2013, according to a fund document, as his strategy of trading on volatility backfired.

Among the works being offered are pieces by Richard Prince, Cindy Sherman and Dan Flavin. The sale will proceed over the course of 18 months, according to Sotheby's, which will start the sale in May.

Besides ending the hedge fund and selling the world-class art collection, Sender filed for divorce from his wife, Lenore, after 11 years.


Anda sedang membaca artikel tentang

Hedgie loses fund, wife

Dengan url

http://susuvirus.blogspot.com/2014/03/hedgie-loses-fund-wife.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

Hedgie loses fund, wife

namun jangan lupa untuk meletakkan link

Hedgie loses fund, wife

sebagai sumbernya

0 komentar:

Posting Komentar

techieblogger.com Techie Blogger Techie Blogger