Author Steve Hamilton cancelled his book contract with St Martin’s Press to sign on with GP Putnam’s Sons for his latest book. Carlos Osorio / AP
Author Steve Hamilton cancelled his book contract with St Martin’s Press to sign on with GP Putnam’s Sons for his latest book. Carlos Osorio / AP

Settling for second-best is not an option for crime-writer Steve Hamilton



For a time, Steve Hamilton felt like an escaped convict, not unlike the main character in his latest novel – and all he was doing was switching publishers.

The award-winning crime writer startled the book world last year when he cancelled his rumoured near-seven-figure, four-book contract with St Martin's Press two months before the publication of his novel The Second Life of Nick Mason, then signed days later (for even more money, reportedly) with GP Putnam's Sons.

Hamilton, a two-time recipient of the Edgar Award, had worried St Martin’s wasn’t committed to promoting his work.

“It felt like ... this book was just going to go out there and die,” the author says during a recent interview at a cafe on Manhattan’s Upper West Side. “It was just the most horrible feeling to know they were just sending this book out to die.”

With publishers releasing hundreds of thousands of books each year, authors often complain about a lack of attention. It is much less common for one of Hamilton’s stature to speak out – and even more rare to buy back such a large advance to get away.

Hamilton, 55, had published all of his work with St Martin’s since catching the attention of beloved and influential crime-fiction editor Ruth Cavin nearly 20 years ago. Cavin died in 2011 and another close associate at St Martin’s, publisher and executive vice president Matthew Shear, died in 2013.

Hamilton recalled the hostile final meeting with the publisher last year, at which there were warnings from St Martin’s that he was ruining his career.

“I hope authors do get a message that it’s OK to bet on yourself,” says Hamilton. “It’s OK not to settle on second-best.”

A spokeswoman for St Martin’s, Tracey Guest, said the publisher has “always been and will continue to be fans of Steve’s. We only wish him the very best”.

The Second Life of Nick Mason, which was published last week, happens to be about a man sprung from jail. Mason was sentenced to 25 years to life for murder, only to be freed after five years thanks to the influence of a crime boss in the prison. There is one condition: Mason must be on call for any "work" – an errand, an execution – his new boss needs done on the outside.

Set in Chicago, the book is the first of several planned Mason stories by Hamilton, best known for A Cold Day in Paradise, Winter of the Wolf Moon and other ­thrillers featuring ex-policeman Alex McKnight.

“I was just itching to do something different,” Hamilton says. “I wondered, what if I tried to create a fully committed career criminal and still have that bond with the reader like Donald Westlake did with the Parker series.”

A native of Detroit, he always loved crime fiction and cites Raymond Chandler and James Crumley as favourites. At the University of Michigan, he won a Hopwood Award for fiction, but spent much of his 20s as an information developer at IBM, seemingly resigned to being a would-be author who never quite gets around to writing a book.

He changed his destiny by changing his life: he joined a writer’s group that gathered weekly in the basement of the Starr Library in Rhinebeck, New York, about 100 miles north of New York City and not far from his home.

“Every Thursday night there would be six or seven writers in this basement, waiting for me,” he says. “So now I have to write something for Thursday, got to write a chapter, got to write a ­story.”

Hamilton's Cold Day in Paradise, published in 1998, won an Edgar and a Shamus Award for best first novel. He won the Edgar for best novel in 2011 for The Lock Artist, his acclaimed story of a thief traumatised as a boy into silence. He found a lock expert to teach him the trade and still keeps locks around for practice, calling it a "great way to clear your head".

He enjoys the camaraderie of the crime-writing community, whether talking baseball with Elmore Leonard or listening to Ed McBain share memories of working with Alfred Hitchcock on The Birds. He received blurbs from Stephen King, Harlen Coben and Michael Connelly among others for his new novel.

“The bigger they are, the more gracious and modest and generous they are, like the Lee Childs and Don Winslows and Harlen and Michael Connelly. They just set the standard,” he says.

He has a theory about why crime writers are easier to be around than literary writers.

“I think because they get to kill people – they get it out of their system,” he says with a laugh. “Sue Grafton said her first book was killing her first husband and she just felt so much better.”

Hamilton, who has been married for 25 years and has two children, tries to restrict any drama to his narratives. He remained with St Martin’s after other writers brought in by Cavin had left, and stayed with IBM despite his success as an author. Only when he signed his deal with St Martin’s in 2014, did he finally give notice to his longtime employer.

“I went into my manager’s office and sat down with her,” he says. “I told her that, after 32 years with the company, it was time to leave. She really didn’t want to lose me, so she said, ‘We’ll be happy to match what they’re paying you to stay with us. What would it take to keep you at IBM?

“I gave her the exact total dollar amount on the contract. She looked at me for maybe three seconds, and then she said: ‘OK, Steve! Have a great retirement!’”

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The bio

Favourite book: Peter Rabbit. I used to read it to my three children and still read it myself. If I am feeling down it brings back good memories.

Best thing about your job: Getting to help people. My mum always told me never to pass up an opportunity to do a good deed.

Best part of life in the UAE: The weather. The constant sunshine is amazing and there is always something to do, you have so many options when it comes to how to spend your day.

Favourite holiday destination: Malaysia. I went there for my honeymoon and ended up volunteering to teach local children for a few hours each day. It is such a special place and I plan to retire there one day.

'My Son'

Director: Christian Carion

Starring: James McAvoy, Claire Foy, Tom Cullen, Gary Lewis

Rating: 2/5

Joker: Folie a Deux

Starring: Joaquin Phoenix, Lady Gaga, Brendan Gleeson

Director: Todd Phillips 

Rating: 2/5

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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The drill

Recharge as needed, says Mat Dryden: “We try to make it a rule that every two to three months, even if it’s for four days, we get away, get some time together, recharge, refresh.” The couple take an hour a day to check into their businesses and that’s it.

Stick to the schedule, says Mike Addo: “We have an entire wall known as ‘The Lab,’ covered with colour-coded Post-it notes dedicated to our joint weekly planner, content board, marketing strategy, trends, ideas and upcoming meetings.”

Be a team, suggests Addo: “When training together, you have to trust in each other’s abilities. Otherwise working out together very quickly becomes one person training the other.”

Pull your weight, says Thuymi Do: “To do what we do, there definitely can be no lazy member of the team.” 

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How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

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UAE currency: the story behind the money in your pockets
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The biog

Siblings: five brothers and one sister

Education: Bachelors in Political Science at the University of Minnesota

Interests: Swimming, tennis and the gym

Favourite place: UAE

Favourite packet food on the trip: pasta primavera

What he did to pass the time during the trip: listen to audio books

MATCH INFO

Champions League last 16, first leg

Tottenham v RB Leipzig, Wednesday, midnight (UAE)