Christopher Wool: “Untitled” (silk-screen, 2001, detail)

Detail of Christopher Wool’s “Untitled” (silk-screen, 2001).

J. Tomilson Hill, the vice chairman of the Blackstone Group who manages its hedge fund business, is the first American private collector to display his works of contemporary art in Asia.

“Christopher Wool: Highlights from the Hill Art Collection” opened during Art Basel Hong Kong in Central District’s H Queens, the new skyscraper designed by William Lim’s Hong Kong-based CL3 architectural practice and custom-built to house art galleries.

The exhibition, on view from March 27 through April 8, was produced by Hong Kong-based advisor Alexandre Errera.

While Mr. Hill ordinarily does not attend art fairs (dealers call him with works of interest instead), he did make it to Art Basel Hong Kong this spring for the opening of his exhibition of the works of Christoper Hill.

Following Hong Kong, Mr. Hill and his daughter left for Beijing to visit the studios of the about 15 artists there whose works he collects. Mr. Hill collects, for instance, works of Liu Wei. (See my post of yesterday regarding Liu Wei’s “Purple Air D1” of 2008).

Asked about the attraction of Chinese art now, Mr. Hill observes:

“Let’s go back to the different collections that we have,

“which is Renaissance bronzes, old master paintings, a dozen post-World War II artists, and now emerging artists.

They all have one thing in common: At the moment that the art was created, the country of origin was going through a massive series of changes.

“China, in my mind, is going through the same thing now.

“And so I said, ‘I want to be educated.'”

 

See: 1) “J. Tomilson Hill on the Attraction of Contemporary Art,” Ted Lois, The New York Times, 26 March 2018; 2) “J. Tomilson Hill is Giving Asia Its First Christopher Wool Show in Over a Decade,” Nate Freeman, Artsy, 27 March 2018

 

#christopherwool #art #artmarket #arthistory #contemporaryart #jtomilsonhill #collection #portfolio #collectionsmanagement #alexandreerrera #artadvisory #blackstone #blackstonegroup #finance #hedgefund #hongkong #beijing #seoul #tokyo #newyork #london #paris #berlin #vienna #zurich #oslo #dubai #luxury #realestatedevelopment #architecture #design

Liu Wei: “Purple Air D1” (oil on canvas, 2008)

Liu Wei’s “Purple Air D1” (oil on canvas, 2008).

Liu Wei regenerates various segments of Beijing’s high-rise buildings into digitalized geometric structures of bright hues of pinks, yellows, blues, and greens.

The image was rendered digitally on a computer and then painted onto a larger canvas.

While modern and “digital,” Liu Wei connects with, while seeking to re-explore, more traditional landscape painting. Note the moon and the pine tree, traditional motifs.

Liu Wei, born in Beijing in 1972, is one of China’s leading contemporary artists. He lives and works in Beijing and is represented by Lehmann Maupin.

Rather than “subversively reference politics,” he often looks for inspiration in found objects and architectural constructions, expressing his views of a changing material landscape.

Liu Wei’s work is included in numerous collections such as the Astrup Fearnley Museet, Oslo; the Leeum, Samsung Museum of Art, Seoul; M+ Sigg Collection, Hong Kong; the Rubell Family Collection, Miami; and White Rabbit Gallery, Sydney.

Lehmann Maupin

 

See: 1) Phillips “20th Century & Contemporary Art & Design Evening Sale,” Lot 36, Hong Kong, 27 May 2018 2) Lehmann Maupin

#liuwei #art #artmarket #contemporaryart #arthistory #digitalart #tech #entrepreneur #collection #portfolio #architecture #design #realestatedevelopment #luxury #urban #landscape #china #beijing #shanghai #hongkong #seoul #tokyo #newyork #losangeles #miami #london #paris #berlin #oslo #zurich #vienna #milan #dubai

“Suprematist Composition” (Kazimir Malevich, 1916) to be sold in May

Loïc Gouzer, Christie’s Co-Chairman of Post-War and Contemporary Art, has announced that he will be selling the painting “Suprematist Composition” (Kazimir Malevich, oil on canvas, 1916) in May. Estimate: $70 million.

“Suprematist Composition” was last sold at Sotheby’s on 3 November 2008 by the heirs of the artist (after being in the collection of the Stedelijk Museum Amsterdam for several decades). Art dealer David Nahmad purchased the painting for US $60,002,500.

Mr. Gouzer is confident of the art historic, and current market, value of this work. “‘A work like this one should be the corner stone of every major collection or museum and if the market was indexed to the art historical importance of works, then this should be a billion $ painting (although we as specialists have to sadly take into account the laws of gravity and the estimate will be in the region of $70m).'”

Sixth sense matters. “’I relate it a lot to my spearfishing—you don’t know why, but you know that if you dive now the big fish is going to come. When you’re at the surface, you don’t see anything, but you just have this instinct that it is going to happen. In art, it is the same thing—this instinct sometimes that I know a painting is going to move.’”

Company matters too. “’If you start putting works around another work, they give each other meaning. Each of the works are in dialogue, and they help each other.'”

 

See:

Loïc Gouzer’s $70m Malevich for May,” Marion Maneker, Art Market Monitor, 10 April 2018

The Daredevil of the Auction World,” Rebecca Mead, The New Yorker, 4 July 2016

Sotheby’s “Impressionist & Modern Art Evening Sale,” Lot No. 6, Kazimir Malevich, “Suprematist Composition,” 3 November 2008, New York

 

#art #artmarket #kazimirmalevich #christie’s #loïcgouzer #russia #suprematism #suprematistcomposition #modernism #abstraction #geneva #switzerland #vienna #austria #brittany #france #sothebys #davidnahmad #luxury #beijing #shanghai #hongkong #taipei #seoul #jakarta #singapore