The NY Observer has a piece on Julie Macklowe, the 31 year old high fashion socialite wife of Billy Maclowe (of the real estate family). A ‘99 graduate of UVa, she did LBO’s (in some unstated capacity), then worked for Metropolitan Capital, landed at one of Steve Cohen’s funds at SAC Capital — Sigma Capital — as a portfolio manager and was ultimately laid off when the economy fell apart. Now’s she’s seeded with $250 million from Millennium Capital’s Izzy Englander at her own firm, Macklowe Asset Management (JMACK Capital). And she wears lots of designer labels. Zac Posen. Chanel. Balenciaga. Dolce & Gabbana. She wears thigh high boots. And she’s been known to dress outrageously in Lady Gaga-esque get ups (“a pant-less Lady Gaga look with the Rodarte blazer and Chanel combat boots”). Does she make money? Who knows — the article doesn’t really go into that. But her specialty is retailers (who knew?), and they’ve mostly rocked this year.
“People were shocked that we were launching a fund when the world was coming to an end,” she said. “But it’s very typical of me. Everyone goes one direction, I go the other.”….
…..Among the other things she’s worn: head-to-patent-leather-toe Chanel (tweed suit, thigh-high white boots) to the Juicy Couture store opening last year; the notorious sculpted Balenciaga floral dress to the 2008 Metropolitan Opera premiere gala; the voluminous hot-pink spatter-painted Dolce & Gabbana dress paired with fingerless leather gloves to the Costume Institute gala last year; a pant-less Lady Gaga look with the Rodarte blazer and Chanel combat boots to a New Yorkers for Children gala in April; and a purple and pink Jason Wu ruffled minidress to the opera just last month. Mr. Wu’s dress is the only of these she borrowed, since it had appeared on the runway in his spring 2010 show just a week prior and was not available for purchase.
The Hedge Funder in Thigh-High Boots – NY Observer
Getty Images photo via NY Observer
Tags: Fashion, Hedge fund chicks, Hedge funds, SAC Capital, Steven A. Cohen, Women
