Hedge Fund Philanthropy: Hungarian Novelist Wins Man Booker Award

laszlo-krasznahorkaiNew York (HedgeCo.Net) – Innovative Hungarian writer László Krasznahorkai has won the sixth Man Booker International Prize for his novel “The Melancholy of Resistance”. The award ceremony took place at the Victoria and Albert Museum in London.

“We are very proud to sponsor the Man Booker International Prize, recognizing the hard work and creativity of these talented authors and translators.” Manny Roman, CEO of hedge fund giant Man Group, said. “The prize also underscores Man Group’s charitable focus on literacy and education, as well as our commitment to excellence and entrepreneurship. Together with the wider charitable activities of the Booker Prize Foundation, the prize plays a very important role in promoting literary excellence and we are honored to support that.”

The Man Booker International Prize, worth £60,000, ($91,800) is awarded for an achievement in fiction on the world stage. It is presented once every two years to a living author for a body of work published either originally in English or available in translation in the English language. It has previously been awarded to Ismail Kadaré in 2005, Chinua Achebe in 2007, Alice Munro in 2009, Philip Roth in 2011, and Lydia Davis in 2013.

The judges said of Krasznahorkai’s work: “In László Krasznahorkai’s The Melancholy of Resistance, a sinister circus has put a massive taxidermic specimen, a whole whale, Leviathan itself, on display in a country town. Violence soon erupts, and the book as a whole could be described as a vision, satirical and prophetic, of the dark historical province that goes by the name of Western Civilisation. Here, however, as throughout Krasznahorkai’s work, what strikes the reader above all are the extraordinary sentences, sentences of incredible length that go to incredible lengths, their tone switching from solemn to madcap to quizzical to desolate as they go their wayward way; epic sentences that, like a lint roll, pick up all sorts of odd and unexpected things as they accumulate inexorably into paragraphs that are as monumental as they are scabrous and musical.”

Alex Akesson
Editor for HedgeCo.net
alex@hedgeco.net
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