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Tuesday, 11 November 2014 11:50

Hedge Fund Manager Steven A. Cohen Revealed as Buyer of $101 Million Giacometti Sculpture

Alberto Giacometti's 'Chariot.' Alberto Giacometti's 'Chariot.'

The lone bidder who spent $101 million at Sotheby’s last Tuesday night for Giacometti’s “Chariot,’’ a 1950 sculpture of a spindly woman riding atop a chariot, was the hedge fund billionaire Steven A. Cohen, experts with knowledge of the sale said Monday. The sculpture, which came from the collection of Alexander Goulandris, a member of the Greek shipping family, is considered among the artist’s finest.

“It’s one of the great 20th-century sculptures,’’ said William Acquavella, the Manhattan art dealer.

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