The goal is for the De Beers sale to be finished by the second half of 2026, with the subsequent approvals process expected to take a year.
Remembering Alex Šepkus, an Artist Without Equal
A wake and services are scheduled to take place Sept. 11-13 for the designer, who died Sept. 5 at the age of 67.

Šepkus, who died Sept. 5 at the age of 67 from a sudden complication related to lymphoma, achieved something few designers in any discipline can—he made jewelry that was decidedly Alex Šepkus and could not be mistaken for anything but.
Šepkus didn’t center his work around chasing trends and, in doing so, was able to create designs that were both unique and timeless, a duality not easily achieved, said Julie Von Bargen Thom, co-owner of Von Bargen’s Jewelry.
“What amazes me about him as an artist [is], I think it’s really difficult to be out-of-the-box and creative in a way that’s timeless. And that’s what he’s done,” Thom told me over the phone on Tuesday, shortly after Šepkus’ eponymous company had shared news of his passing over social media.
“That’s really what makes him such a great artist and what will be his legacy in jewelry.”
Vermont independent Von Bargen’s has been carrying Alex Šepkus jewelry pretty much since the line launched.
Thom’s late father, John Von Bargen, first saw the brand when Jeff Feero, Šepkus’ longtime business partner and closest friend, brought pieces to the Von Bargen’s store in Stratton decades ago.
John thought the work was amazing.; everyone does.
“You can’t see it and not think it’s incredible,” Thom said. “I think it appeals to a client who’s very sophisticated but not flashy. And that’s Vermont.”
It also describes the jewelry clientele in Washington, D.C., according to Jim Rosenheim of Tiny Jewel Box, another early adopter of Alex Šepkus’ line. D.C.-area residents are affluent but conservative; if you’re too flashy, you’re not taken seriously, he said.
Rosenheim said he was “dumbfounded” the first time he saw Šepkus’ jewelry, which was at the trade show where it premiered, in the New Designer Gallery at the JA New York show in 1993.
Examining a piece through a loupe with his heart pounding, Rosenheim knew he was seeing special jewelry, like “something from another age,” as he described it to me Wednesday.
Nearly 30 years later, Alex Šepkus is still a big business for Tiny Jewel Box and, according to Feero, one of the brand’s largest accounts in the country.
It’s a success story that has set Rosenheim out on a seemingly endless search. He’s spent the last 20 years looking for the second coming of Alex Šepkus or, as Rosenheim put it, “the next genius.”
“And I don’t use that word easily,” he said. “I’ve been looking, looking, looking … there has not been a next Alex Šepkus. We just lost a brilliant talent.”
Both Thom and Rosenheim described Šepkus as a private person—a refreshing trait in this age of endless oversharing, in my opinion—and Feero, who was among those who knew him best, concurred.
He described Šepkus’ manner as “monk-like”—polite, reserved, modest, focused and, while at times stubborn and stern, genuinely kind.
Šepkus was a “gentle soul” who had a profound effect on anyone he met and, Feero added, a “wicked dark sense of humor.”
Feero and Šepkus met in the early ‘90s when Feero was working for Julius Cohen on Madison Avenue and Šepkus was still learning his craft alongside a Polish jeweler at a shop on 48th Street that did repairs, sizing and adjustments for Bulgari.
Like Rosenheim, Feero said he was “dumbfounded” when he first saw Šepkus’ work.
He knew immediately it was time to leave his job at Julius Cohen and start a company with the man who’d become known around 47th Street as this “new guy who could repair anything.”
The two launched Alex Šepkus Co. in late 1991. Feero credits Terry Betteridge and Russell Cohen, then owner of Carlyle & Co., with giving the business the financial boosts it needed to get off the ground in those early lean years.
Today, Alex Šepkus employs 20 people, a staff of “bright, artistic, and creative people,” many of whom have been with the company for decades, Feero said.
Šepkus left behind an “extraordinary archive” of unreleased work, and the company has 15 bench jewelers who are more than capable of executing on his vision.
Feero said Šepkus was like a “musician with a huge symphony behind him,” and they will play on.
Aleksandras (Alex) Šepkus was born in Vilnius, Lithuania on March 24, 1954, the son of Valerijonas and Jania Zabielskaite Šepkus.
According to his obituary, Šepkus originally studied industrial design with the intention of becoming an architect like his father. Ultimately, though, he found it too limiting and found his way to jewelry design.
He immigrated to the United States in 1988 and resided in Ossining, New York with his beloved wife, Dangė.
Šepkus is survived by Dangė; his son, Kristupas of Lithuania; grandson, Eduardas; sister, Liucija; and extended family in Lithuania as well as many dear friends.
A wake is scheduled to take place Sept. 11 and 12 from 4-7 p.m. at Coffey Funeral Home in Tarrytown, New York.
The funeral service is Monday, Sept. 13 at 11 a.m. at the Immaculate Conception Church in Sleepy Hollow, with burial at St. Augustine Cemetery in Ossining.
A memorial luncheon will follow from 2-6 p.m. at The Briarcliff Manor in Briarcliff, New York.
In lieu of flowers, donations may be made to animal rescue organization Bideawee, as Šepkus was an animal lover.
The Alex Šepkus team shared the details of the services on the brand’s Instagram page; everyone is welcome.
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