Feb
18
Kenneth Griffin Joins Elite Rank of Hedge Fund Art Patrons With $500 Million Deal
ByStep aside, Steven A. Cohen, there is another billionaire hedge fund manager with a voracious appetite for historic, and expensive, art.
Kenneth C. Griffin, the founder of the $26 billion investment firm Citadel, recently paid $500 million for “Number 17A,” a Jackson Pollockpainting, and “Interchanged” byWillem de Kooning.
He bought the art from the private collection of David Geffen, the entertainment mogul, and has lent it to the Art Institute of Chicago, where it is on display…
Kenneth Griffin Joins Elite Rank of Hedge Fund Art Patrons With $500 Million Deal
