{"id":6748,"date":"2007-11-05T00:00:00","date_gmt":"2007-11-05T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"the-hogarth-of-hedge-funds-offers-a-glimpse-into-a-hidden-world","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2007\/the-hogarth-of-hedge-funds-offers-a-glimpse-into-a-hidden-world.html","title":{"rendered":"The Hogarth of hedge funds offers a glimpse into a hidden world"},"content":{"rendered":"<p>  Guardian Unlimited- The men and women (or, let&#8217;s face it, largely men) who are making fantastic fortunes working in hedge funds are often credited with tickling the art market up to its current  giddy heights. So there&#8217;s a pleasing neatness in the idea of an artist being commissioned to turn his scrutiny on to the &#8220;hedgies&#8221; themselves.<\/p>\n<p>  Adam Dant was commissioned, appropriately enough, by Spear&#8217;s Wealth Management Survey (a quarterly magazine aimed at that special breed of humans known as high-net-worths) to document the  professional lives of the mysterious creatures who, behind closed doors in Mayfair and St James&#8217;s, engage in abstruse activities such as short-selling and leverage.<\/p>\n<p>  Dant, whose studio is on the fringes of the City of London in Shoreditch, spent six months in offices in the financial world &#8211; in particular taking a rare look inside the HQs of hedge funds, which  have acquired a formidable reputation for secrecy.<\/p>\n<p>  He spent time, in particular, in the office of Clareville Capital, based in Westminster. Though his resulting works are an amalgam of a number of offices, his piece The Art of Hedge, showing a  cutaway of a Georgian house on the fictitious Hedge Row, draws extensively on the sketches he made at Clareville, which is chaired by former Tory treasurer Lord Marland.<\/p>\n<p>  Dant, whose manner in the drawings is broadly Hogarthian, made visual inventories of the sort of items &#8211; and people &#8211; inside such offices. He also spent time following the hedge-fund managers  around their chosen haunts &#8211; &#8220;though, alas, I never got invited on anyone&#8217;s yacht&#8221;.<\/p>\n<p>  He saw the hedgies disport themselves at Annabel&#8217;s nightclub and private gambling establishments such as Crockford&#8217;s in Curzon Street and the nearby Aspinall&#8217;s, founded by John Aspinall, perhaps  most famous as a chum of Lord Lucan. He saw them quaff cocktails at Harry&#8217;s Bar on Mount Street, and buy up art at Sotheby&#8217;s, Christie&#8217;s and the best contemporary art galleries. &#8220;It&#8217;s a very small  world,&#8221; said Dant. &#8220;They buy art from White Cube, because it&#8217;s a reputable name. If you buy your shotgun from Purdey and have your shoes bought in Jermyn Street, you buy your art from White Cube.&#8221;<\/p>\n<p>  <a href=\"http:\/\/business.guardian.co.uk\/story\/0,,2204642,00.html\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Guardian Unlimited- The men and women (or, let&#8217;s face it, largely men) who are making fantastic fortunes working in hedge funds are often credited with tickling the art market up to its current giddy heights. So there&#8217;s a pleasing neatness [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-6748","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/6748","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=6748"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/6748\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=6748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=6748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=6748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}