Hedge Fund Boss Eyes $153 Million London Fixer-Upper Penthouse
- Suneil Setiya is in talks to purchase a home at One Hyde Park
- A deal would boost stagnant central London homes market
A jogger passes One Hyde Park in Knightsbridge, London.
Photographer: Hollie Adams/BloombergThis article is for subscribers only.
Suneil Setiya, the co-founder of quant investing firm Quadrature Capital, is in talks to purchase a penthouse in London’s luxury One Hyde Park development for about 110 million pounds ($153 million), according to two people with knowledge of the transaction.
Setiya is buying the home from Hasan Ismaik, the former chief executive officer at Dubai-based construction company Arabtec Holding, which entered liquidation last year, the people said, asking not to be identified as the negotiations are confidential.