For the Love of Art

SAC Capital Advisors' Steven Cohen is helping auction houses hedge their risks.

Tom Groenfeldt April 20, 2009

Steven Cohen, the founder of Stamford, Connecticut–based SAC Capital Advisors and one of the world’s biggest collectors of contemporary art, has found a way to combine his two interests: He is helping auction houses hedge their risks by underwriting the guarantees they offer to sellers

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