“Feel free to stop by,” she responded. “I’ll be there in five minutes,” Philbrick replied. At the time, Philbrick’s businesses were hauling in revenues of approximately $100 million annually. Later that night, showing her his gallery, he leaned over and kissed her. Baker-Harber was entranced. “He could hold an entire room in awe just by

Patrick Finnegan with Jana Schröder’s NEUROSOX ENG LIL S3, 2021. It started on impulse. Eight years ago, Patrick Finnegan attended a charity auction for SoHo Arts Club in Lower Manhattan and walked away with his first piece of art, a painting by Con$umr. It remained the entirety of his collection until three years later, when

In the evolving landscape of sustainable investment strategies, the significance of engagement has become more pronounced in recent years. Traditionally seen as supplementary to investment processes, stewardship has transformed into an indispensable tool for achieving meaningful environmental and social change. Investors are expected to not only monitor and check in with their portfolio companies, but

Cryptocurrency-based trivia games, horseracing non-fungible tokens and privacy specialists are all part of a large and growing digital assets empire that media-shy hedge fund billionaire Alan Howard has quietly been building. Howard is an influential figure in the hedge fund industry thanks to the success of Brevan Howard Asset Management, the $23bn macro trading firm

Reading Time: 4 minutes Scott Lynn on how Masterworks went from a fledgling idea to a full-blown leader in the art investing world A unicorn startup based in New York, Masterworks looms large as a rare example of a company that has successfully delivered on its promise to disrupt an industry. Art investing was once

By Rachel Rippetoe ( October 28, 2024, 4:48 PM EDT) — A family enmeshed in New York’s art world is suing their former attorneys in relation to a dismissed bankruptcy proceeding with an art collector over a breach of contract, alleging the attorneys’ incompetence lost them $5 million when they moved the case from state

Neil Perry Smith, 58, was charged in New York for possessing and restoring 22 stolen artifacts, valued at over US$32 million, concealing their illicit origin so that Kapoor could sell them in his now-closed Manhattan gallery, the Manhattan District Attorney’s office said. New York Authorities had long pursued Kapoor, and have slowly been repatriating some

Talenia Phua Gajardo, founder of The Artling, lets us in on a few secrets… There’s a chance that the painting you bought to match your sofa may increase in value over a time, or it could still be worth next to nothing after sitting in storage for decades. When it comes to investing in art,

Budiardjo “Budi” Tek, the celebrated Indonesian-Chinese art collector who founded Shanghai’s Yuz Museum, has died from pancreatic cancer. He was 65, and had been diagnosed with the disease six years ago. “As one of Asia’s top collectors, Mr. Tek collects but never hesitates to share,” his family wrote in a statement confirming his passing on March 18.

The German government is in negotiations to buy the Hamburger Bahnhof in Berlin after the museum’s owner, an Austrian property investor, said it will end the lease on the extension to the museum and demolish it to make way for new office buildings. The museum is owned by the Austrian property company CA Immo. A