Big hedge funds feel right at home in Greenwich, Conn
Article Abstract:
The hedge fund industry has a focal point in Greenwich, Connecticut, an elite community approximately 30 miles from Manhattan, New York, New York. Greater than a 100 hedge fund offices have set up offices here in recent years, putting pressure on the real estate market and an indicator of the industry's incredible growth. More than $100 billion in hedge funds are managed from Greenwich, Connecticut, approximately one tenth of all global hedge funds.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
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As their riches grow, hedge fund experts put art in the deal
Article Abstract:
The involvement of hedge fund managers in the world of art collecting is discussed. Several examples are given of successful fund managers who have taken to investing in art and promoting their favorite artists. It is suggested that an enthusiasm for financial trading has translated easily into a passion for buying and selling art and that prices for fine art may be becoming inflated as a result.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
User Contributions:
Comment about this article or add new information about this topic:
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