Christie’s auction house accomplished an extraordinary achievement by selling 150 works from the Paul G. Allen Collection for over $1.6 billion. Despite concerns surrounding the economy and cryptocurrencies, affluent collectors from around the world eagerly invested in these prestigious artworks. Five paintings surpassed the $100 million mark, with Georges Seurat’s masterpiece, ‘Les Poseuses, Ensemble,’ leading

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The art market is a complex and diverse industry, with investments in art becoming increasingly popular. As a result, many investors are now looking to diversify their portfolios by investing in art through various means. Posing the questions, is there an art ETF and is it really a viable investment opportunity? Unfortunately, there is no

This article is sponsored by Masterworks, the art investment platform. Right now, there are millions of physicians standing at a crossroads. More than 40% of active physicians are expected to reach retirement age over the next ten years, and according to Fidelity, the average physician needs about $2.4 million to retire comfortably. While you’re most likely

Non-fungible tokens (NFTs) seem to have exploded out of the ether this year. From art and music to tacos and toilet paper, these digital assets are selling like 17th-century exotic Dutch tulips—some for millions of dollars. But are NFTs worth the money—or the hype? Some experts say they’re a bubble poised to pop, like the

Emmanuel Perrotin is in the process of selling a 60% stake in his eponymous gallery to Colony Investment Management (Colony IM), a French real estate, credit and private equity business, in order to grow the company. A joint statement released by the companies describes the move as a “pioneering alliance between an investment company and

Emmanuel Perrotin. Photo: Tanguy Beurdeley Perrotin and Colony Investment Management (Colony IM) have begun negotiations with a view to the capital firm acquiring a 60 percent majority stake in the Gallery. Under the proposed agreement, gallery founder and Chair Emmanuel Perrotin will retain a 40 percent stake and ‘will remain fully committed’ to its operation. 

TAMPA, Fla., June 13, 2023 (Newswire.com) –  Tamara Bebb, CEO of Spectrio, is pleased to announce the opening of the company’s new Tampa-based, state-of-the-art customer design center, showroom and office headquarters. Spectrio’s ambitious investment in this facility fulfills a commitment to bring digital engagement technology and jobs to the Tampa Bay area, as well as expand

Photo Foc Kan/WireImage The real estate investment company Colony Investment Management is in discussion to purchase a 60 percent stake in Perrotin gallery, according to Bloomberg News. The two companies, both headquartered in Paris with offices in several other cities, are in “exclusive negotiations,” with a deal likely closing “in the second half of this

Galleries Emmanuel Perrotin, who predicts increased gallery consolidation, even floated the idea of buying up rivals. Eileen Kinsella June 12, 2023 Dealer Emmanuel Perrotin at FIAC 2021. Photo: Luc Castel/Getty Images. European real estate investor Colony Investment Management confirmed that it is in discussions to buy a 60 percent stake in Galerie Perrotin, a blue