Attend an evening with Andre Agassi
Hedge-fund manager Elena Ambrosiadou has emerged as the mystery buyer of the Maltese Falcon, one of the world’s largest private yachts.
Greek-born Ambrosiadou, who runs Ikos Asset Management, bought the 289ft yacht from the American venture capitalist Tom Perkins in a deal believed to be worth £60m. Perkins was reported to have sold the yacht in August, but the new owner has never been named.
Ambrosiadou, 51, who divides her time between Cyprus, Greece and London, told The Sunday Times: “I chartered her with some friends last year and then last April I crossed the Atlantic with Tom, which took eight days. I fell in love with her — everyone falls in love with her sleek lines and signature masts.”
Ambrosiadou will use the yacht for only a few weeks a year — “I work 16 hours a day, seven days a week. I doubt if I’ll be spending much time on her”. Otherwise, the yacht can be chartered for £375,000 a week. “This is an enterprise,” she said.
Perkins built the Maltese Falcon four years ago as his own vision of the perfect yacht, basing it on an idea for a modern version of the clipper ships — fast merchant sailing vessels like the Cutty Sark.
It is named after the Dashiell Hammett crime novel and the Humphrey Bogart film version. The yacht’s trademark is its giant carbon-fibre masts, which have a suite of computer-operated sails. The boat has a crew of 18, but the sophisticated sail system means everything can be controlled by one person. Perkins, whose venture-capital firm helped finance the founding of Google, the internet search engine, wrote some of the sail software himself.
The Maltese Falcon has six guest cabins, eight crew cabins, a gym and a sculpture of a vintage Bugatti racing car. For fun, it carries two 32ft Pascoe RIB tenders (with water skis), four Laser sailing boats, and a 14ft Castoldi tender. The yacht also had a mini-submarine, but it is thought that Perkins plans to keep this.
Ambrosiadou, with an estimated fortune of £200m, founded Ikos with husband Martin Coward in 1992. A chemical engineer by training, she achieved early success at BP, becoming its youngest-ever senior international executive at 27.
Ambrosiadou moved Ikos Asset Management to Cyprus last year but still has offices in London and New York.
Industry sectors news at a glance. Interactive heatmap, video and podcast
Everything the Business Traveller needs to know to make a better trip
Get ready for the winter sports season, with our resort guides and snow reports
We are backing British business, what is the confidence of the nation and what businesses are succeeding?
Growing demand for energy, oil that is harder to reach and the rise of carbon dioxide emissions. We examine the energy challenge
With rail travel in Europe on the rise, we review the benefits of travelling by train
In this special section we explore new food trends to help improve your dinner party and impress guests
Enjoy further reading from Travel to Fashion, Business to Sport, discover more
Shortcuts to help you find sections and articles
1998
£47,955
12 months for the price of 11 and a 5% discount.
Offer ends 31/11/09
Check your free Experian credit report before applying
Car Insurance
to £60K + bonus (OTE £90k)
Lord Search & Selection
Location Flexible
PwC’s Consulting practice helps businesses of all shapes
and sizes work smarter and grow faster.
£85k
CPA
Highly Competitve
Specsavers
Whiteley, near Southampton
Moments from Battersea Park.
For sale with Winkworth
Find out about shared ownership.
See your free Experian credit report beforehand
7nts - Penang £499; Borneo £699; All Inclusive £799 including flights, taxes, accommodation and private transfers
For your ultimate tailor-made ski holiday, click here
Get covered on your travels with a superb range of policies at great prices. Visit InsureandGo.com
World Class Golf, Spa and preferential Beach Club. Private estate overlooking West Coast
Villas from £275 per night inclusive of Golf
Contact our advertising team for advertising and sponsorship in Times Online, The Times and The Sunday Times, or place your advertisement.
Times Online Services: Dating | Jobs | Property Search | Used Cars | Holidays | Births, Marriages, Deaths | Subscriptions | E-paper
News International associated websites: Globrix Property Search | Milkround
Copyright 2009 Times Newspapers Ltd.
This service is provided on Times Newspapers' standard Terms and Conditions. Please read our Privacy Policy.To inquire about a licence to reproduce material from Times Online, The Times or The Sunday Times, click here.This website is published by a member of the News International Group. News International Limited, 1 Virginia St, London E98 1XY, is the holding company for the News International group and is registered in England No 81701. VAT number GB 243 8054 69.
Your Comments
Order By: