Hedge-fund manager and art collector Steven A. Cohen has agreed to loan Damien Hirst's 1991 work, The Physical Impossibility of Death in the Mind of Someone Living, to the Metropolitan Museum of Art for a period of three years. One of the most well-known works in contemporary art, the sculpture, purchased by Cohen in 2005 for $8 million, features a 13-foot tiger shark in a tank of formaldehyde. The shark in the tank is not the original, which had started to deteriorate. "It should be especially revealing and stimulating to confront this work in the context of the entire history of art,'' Metropolitan director Philippe de Montebello said. In related news, Hirst purportedly sold $265 million worth of art from his recent exhibition at London's White Cube.