Author: Cillian O'Rourke

Alex Fortescue, the managing partner of the London-based private equity firm Epiris, passed away last week at the age of 55. He was a board member representing Epiris at Bonhams

Cosmetics magnate and art collector Ron Perelman sold nearly $1 billion worth of his renowned art collection to pay off debts amid financial challenges caused by the Covid-19 pandemic. The

Art Finance companies have been making waves in the art market by utilizing art-backed loans to create investment vehicles. Sotheby’s, for example, recently announced a plan to raise $700m through

Damien Hirst is facing controversy over allegations of backdating his art works. A recent report by The Guardian reveals that many oil paintings on paper created for Hirst’s NFT project

Brooke Lampley, a prominent figure in the art world, will be leaving Sotheby’s to join Gagosian as a senior director in New York. During her time at Sotheby’s, Lampley achieved

The spring sales at Heffel Fine Art Auction House in Toronto and Vancouver were a huge success, with a total of C$22.6m ($16.5m) and a 96% sell-through rate. The event

The cyberattack on Christie’s website by the hacker group RansomHub has caused concern as they claim to have sensitive information on Christie’s customers worldwide. This data includes names, document numbers,

Art Basel Paris has announced details for its upcoming third edition, including a name change to Art Basel Paris. The fair will now take place at the Grand Palais, allowing

Sotheby’s is undergoing a restructuring process in its London office, with around 50 employees expected to be laid off. The auction house is also planning layoffs in its New York

Over 600 pieces of art valued at €60m have been repatriated from the United States to Italy after being illegally excavated or stolen. These works, dating from the 9th century