The New York Times reports that hedge fund manager Steven A. Cohen is the collector who purchased Alberto Giacometti’s Chariot last week at Sotheby’s for over $100 million.  “Steve is a very serious, very astute collector,’’ says dealer William Acquavella said. “He also has just the right instincts, ones that can’t be learned from reading art history books.’’ (more…)

Leon Black, the head of Apollo Global Management LLC, has been named in the top 10 of Art & Auction magazine’s list of the 10 most powerful art world participants for the first time this year.  Black, who purchased Edvard Munch’s The Scream for a record setting $120 million in 2010, joined a list headed by Jeff Koons, whose balloon dog auction this month places him as the highest-selling living artist.  Other inclusions include dealers Larry Gagosian and David Zwirner. (more…)