In the trade
Art fund widens pool of investors, Victoria Miro signs up four more artists, and more
By The Art Newspaper. From Art Basel daily edition
Published online: 18 June 2014
The US artist Kerry James Marshall has joined David Zwirner (2.0/F5) in London, and is due to show a series of new works in the gallery’s Mayfair space in October. Marshall, who was born in Birmingham, Alabama, focuses on African-American identity in his work. The artist is also represented by Jack Shainman Gallery in New York and the Koplin Del Rio Gallery in Los Angeles. (Above, Crowning Moment, 2014.) G.H.
Art fund widens pool of investors
The Fine Art Fund is soon to close its sixth fund, and the biggest to date, having raised nearly $100m over the past four months. Philip Hoffman, the chief executive of the Fine Art Fund Group, says that some investors are new—largely from Europe and the Middle East—and are indicative of a growing confidence in the fund's track record (its first fund was raised in 2004). Hoffman, who is at Art Basel this week, says that the sixth fund will invest in works in the $1m to $20m range, where, he says, “there are still plenty of opportunities”, though “not necessarily for Koons or Rothko”. M.G.
Victoria Miro signs up four more artists
The US artist Kara Walker now has a London gallery: Victoria Miro (2.1/N7). “We’ve been pursuing Kara for around 15 years, so we’re delighted—and it’s great to do something with her here in Basel,” says the gallery’s director Glenn Scott Wright. Walker’s The Sovereign Citizens Sesquicentennial Civil War Celebration, 2013, is being shown at Unlimited (U1, $850,000). The gallery’s growing programme also now includes Eric Fischl, and it is showing one of his ”art fair” paintings—Booth #40 Shopgirl (study), 2014— at Art Basel. Two other recent recruits, Secundino Hernández and Celia Paul, both have large solo shows in the gallery’s Wharf Road space (until 2 August). C.B.
Artists in need of career guidance welcome
Bethanie Brady, a former director of New York’s Paul Kasmin Gallery, and the curator Pippa Cohen have teamed up to launch a New York-based artist management firm called Webbcreative. “We’ve both worked closely with artists and have consistently heard what their needs are, independent of and in addition to what their galleries provide,” Brady says. The firm, with clients such as Zoë Buckman and Patricia Cronin, will help artists to secure gallery representation, co-ordinate commissions, promote their work online and license images. It will also offer financial and estate planning. J.Ha.
Correction: This article was updated on 18 June. Eric Fischl is showing with Victoria Miro gallery but is not part of the roster, and the two upcoming exhibitions of work by Secundino Hernández and Celia Paul are at the gallery’s Wharf Road space, not in Mayfair.
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