Steven A. Cohen

Steven A. Cohen ( born June 11, 1956) is an American entrepreneur, hedge fund manager and art collector.

Life

Cohen grew up in Great Neck on in the U.S. state of New York. He attended the Wharton School at the University of Pennsylvania. After his studies, Cohen began in 1978 in the company Gruntal & Co. to work. The company registered in Anguilla s.a.c. Capital ( SAC) with headquarters in Stamford, Connecticut, was founded by Cohen in 1992 and has been managed by him. 2005 Cohen was described by the New York Times as A New Prince of Wall Street. 2008 Cohen took 4.7 percent of the shares at the auction house Sotheby's. In 2009, he increased this share to 5.9 percent.

Cohen lives in Greenwich, Connecticut. He is married and has several children. According to the The World's Billionaires of Forbes Magazine list Cohen is the 36th richest Americans. (As of 2005)

Art Collection

Among the earliest acquisitions which were made Steven A. Cohen and his wife Alexandra on the art market, part of a 1894/95 arisen Madonna painting by Edvard Munch for $ 11.5 million. Among the first acquisitions to be members of the Impressionist paintings such as Self-Portrait with Palette by Édouard Manet, a 1906 arisen Water Lilies by Claude Monet and a sculpture of a ballet dancer by Edgar Degas. From the pointillist Georges Seurat there in the Cohen collection a landscape study Isle Grande Jatte. This was followed by works of art of the 20th century as a drip painting by Jackson Pollock from 1952 and a painting study of Pope Innocent X (after Diego Velázquez ) by Francis Bacon from the year 1950. Moreover, Cohen acquired works by contemporary artists such as Richard Prince and Tom Friedman.

2004 ersteigte Cohen at Christie's in New York Portrait de femme ( 1900) by Paul Cézanne for $ 10 million. From the collection of Gunter Sachs came on the art dealer Larry Gagosian also 2004, the Superman image by Andy Warhol from the year 1960 in the Cohen Collection. In a vermutenen purchase price of 25 or $ 30 million it was at that time the most expensive work of art by the artist. 2007 By Warhol came also the image Turquoise Marilyn in the collection. The purchase price for the acquired also by private sale picture should have stood at $ 80 million, a new record price for a work by Warhol.

2005 Cohen purchased from casino owner Stephen A. Wynn for $ 100 million two significant works of late Impressionism. Through the mediation of the art dealer William Acquavella came alongside the paintings of Paul Gauguin Tahitian family from 1902 as well as 1890 resulting image portrait of a young peasant woman by Vincent van Gogh in the Cohen Collection.

Made headlines in 2006, the acquisition of the painting Woman III by Willem de Kooning, created in 1952-53. According to the New York Times, Cohen paid $ 137.5 million for this file. The sale between the previous owner of the painting David Geffen and Cohen gave the New York art dealer Larry Gagosian. Just one month prior to the acquisition of Woman III bought Cohen, also from Geffen, the abstract De Kooning painting Police Gazette from 1955 for $ 63.5 million. Another work of pop-art artist in the Cohen collection is the painting Popeye by Roy Lichtenstein.

Among the best known works of contemporary art in the Cohen collection belongs to the set in formaldehyde shark, titled The Physical Impossibility of Death in the Mind of Someone Living by Damien Hirst. Cohen bought those of the major works of the Young British Artists belonging Work 2004 for $ 8,000,000 from the British collector Charles Saatchi. The work is on permanent loan to the Steven and Alexandra Cohen Collection to 2010 in the Metropolitan Museum of Art in New York. 2008, Cohen also loaned the sculptures Balloon Dog (Yellow) and Sacred Heart ( Red / Gold ) by Jeff Koons for an exhibition of the museum.

In April 2009, Sotheby's in New York shows for the first time publicly a selection of art works from the Steven and Alexandra Cohen Collection. Works of art of this presented under the title Women exhibition are the sculptures Decorative Figure (1908 ) and Grand nu Assis ( 1922-29 ) by Henri Matisse, and the paintings Portrait of a young peasant woman by Vincent van Gogh, Madonna by Edvard Munch, Portrait de femme by Paul Cézanne, Nu au Couché coussin Bleu by Amedeo Modigliani, Femme Nue couchée, Le Repos and Femme Assise by Pablo Picasso, Untitled ( Sue ) by Robert Rauschenberg and Susan Weil, Woman III by Willem de Kooning, Anthropologie de l' epoque blue ( ANT.78 ) of Yves Klein, Turquoise Marilyn by Andy Warhol, dancers (1966 ) by Gerhard Richter, Untitled Film Still # 21 (1978 ) by Cindy Sherman, Portrait of Rose ( 1978-79 ) by Lucian Freud, Spiritual America and Graduate Nurse by Richard Prince, The Visitor by Marlene Dumas and Night (1999-2000) by Lisa Yuskavage. According to the newspaper The Independent Cohen intends to build a private museum in Greenwich (Connecticut). Cohen broke up at an auction at the auction house Sotheby's on 22 June 2010 by Manet's Self-portrait with palette, where the painting for 22.4 million British pounds (including buyer's premium for the auction house ) found a new owner. The amount realized is the highest ever paid for a work of art Manet's price.

Works of Cohen Collection

Paul Cézanne: Portrait de femme, 1900

Paul Gauguin: Tahitian family, 1902

Amedeo Modigliani: Nu au Couché coussin Bleu, 1916