Hedge-fund maven Steve Cohen, who in less than a decade has amassed one of the world’s great (and most expensive) private collections of modern and contemporary art, is showing a rich slice of it in public for the first time.
Opening today at Sotheby’s, the loan-only exhibition, titled “Women” and running through April 14, includes 20 works depicting, predictably, women, including examples from de Kooning, Warhol, Matisse, Prince, and Picasso.
The strangeness of staging a loan exhibition at the famed auction house, in which Cohen’s SAC Capital Advisors owns a 5.9 percent stake (making Cohen one of Sotheby’s biggest shareholders), a month before the big May sales adds a bit of needed theater to the flagging art market.
It’s also a rare opportunity to consider the shrewdness of Cohen’s acquisitions in light of today’s market. Here’s a look at which of his much-talked-about buys still stand up. Click on the photo gallery at left to see five of Cohen's women.