The Race to Find New Art Collectors

In early May, Christie’s invited a group of 18 new collectors from China to visit New York. The auction house escorted the guests on guided tours through the Museum of Modern Art, arranged VIP tickets to a local art fair and threw a lavish dinner in the Rockefeller Center ballroom of Christie’s. Auctioneers also reserved […]

Hedge-Funders Disrupt the Genteel Art World – video

New Masters of the ART Universe Hedge-fund managers are roiling the clubby art market – seeking “distressed” artists, paying record sums and dumping those who don’t pay off; ‘Going long on Rodin’. Aggressive, efficientand armed with up-to- the-minute intelligence supplied by well-paid art advisers, these collectors are shaking up the way business gets done in […]