Bloomberg – It is a truth universally acknowledged that a hedge-fund wife whose fortune takes a dive will be looking for a wealthier husband. Tatiana Boncompagni, after all, says it’s so in her frothy novel “Hedge Fund Wives.”

Her Upper East Side women need to keep up appearances. Gone may be the days of baby-shower goody bags “stuffed with diamond earrings and four-figure day spa gift certificates,” but how will they live without private planes and chartreuse Birkin bags?

Guide to this rarefied world is Marcy Emerson, a down-to- earth Midwesterner who moves to New York when her husband becomes a hedge-fund manager. She begins attending parties and benefits with the other wives. Some are welcoming; others make the North Pole seem warm.

Read Complete Article

Tags: baby shower, birkin bags, day spa, diamond earrings, down to earth, emerson, fortune, goody bags, hedge-fund-manager, marcy, north pole, novel, private planes, spa gift certificates, truth, upper east side

Bloomberg – If there’s anything tougher than being married to a hedge-fund guy, it’s being divorced from one. That’s the lesson of Jill Kargman’s new novel, “The Ex-Mrs. Hedgefund.”

Kargman specializes in the wealthy residents of Manhattan’s Upper East Side. In “Momzillas” and now “Mrs. Hedgefund,” she knows where the wealthy eat lunch (or used to, La Goulue is closing end of June) and where they hold chic fundraisers (the Puck Building in SoHo, for a little downtown frisson).

Read Complete Article

Tags: fundraisers, hedgefund, jill kargman, lunch, manhattan, new novel, puck building, soho, upper east side, wealthy residents