Hamptons Scene: Former SAC Trader Chad Loweth Hosts Salon

Chad Loweth, formerly of SAC Capital Advisors LLC and Diamondback Capital Management LLC, hosted an art salon Saturday night in Water Mill.

“The idea came about last year when I was at Art Basel with friends and a lot of them really didn’t understand contemporary art,” Loweth, 55, said. “If you could meet the artists, then you could have a personal connection to the piece.”