Under a security agreement dated Dec. 30, Cohen agreed to pledge unidentified pieces of artwork to Morgan Stanley Private Bank NA, according to a filing last month with the Connecticut Secretary of the State. The financing documents, reported today by the New York Times, don’t disclose the size of the credit line or the interest rate that Cohen will pay.

Cohen had previously entered into similar borrowing agreements with at least four other private banks, including those run by Citigroup Inc., JPMorgan Chase & Co., Bank of America Corp., and Goldman Sachs Group 

Inc. Goldman Sachs and Morgan Stanley were two of the largest prime brokers to SAC Capital Advisors LP, Cohen’s former hedge fund management firm.

In order to settle federal allegations that he failed to supervise a staff member convicted of insider trading, Cohen returned the money he had managed for outside investors and converted SAC Capital into a family office, called Point72 Asset Management LP. Earlier this month, he reached an agreement with the U.S. Securities and Exchange Commission that could permit him to resume managing outside capital as soon as 2018.

Cohen, who has a fortune of about $12 billion according to the Bloomberg Billionaires Index, is a major collector of Impressionist, modern and contemporary art. Cohen’s art collection ranges from works by Vincent Van Gogh and Pablo Picasso to postwar masterpieces by Andy Warhol, Jackson Pollock and Jasper Johns. […]