Monthly Archives: August 2015

Most Serious Art Collectors Have Art Advisers

There has been an art collecting boom going on for the last 30 years. Not that people didn’t collect art before then, but at the end of the 20th century the baby boomers go serious about art as an investment. With the dawn of big hedge fund managers in the 1990s, more investors had more money to invest. Typical commodities and securities were their primary avenue for investing, but art became a secondary investment road. Unlike stocks and bonds, collecting art was a tangible investment. Collectors could hold it, look at it, and most of all enjoy it. As the demand for art grew, art advisors took on an extended and important role. Art advisors were not afraid to do whatever it took to satisfy the collector that was willing to pay them a 10 percent commission for their art knowledge and their investment sense.

Art advisor Todd Levin was the eyes and ears behind Adam Sender’s success in collecting contemporary art. Levin is a good example of a very successful art advisor that lived well thanks to one collector. Sender, the young hedge fund manager, started to expand his investments in art back in the 1990s and about fifteen years ago Sender called New York-based Levin and asked him to help him manage his growing collection of contemporary art.

When Sender made the call to Levin, he had already accumulated a massive collection, and his main objective was for Levin to be the curator of that collection. Sender and his wife Leni wanted to sell some of the collection, and they needed help sorting through their large volume of work in order to ear-mark the pieces that could bring top dollar. Sender had managed to collect some of the hottest artists in the art world and he knew he could recover his original investment and make some money with Levin’s help. Sender owned works from Andreas Gursky, Mike Kelley and Richard Prince along with several other well-known artists. Adam Sender is a well known part-time art collector.

Sender and Levin made a great team. The pair managed to sell a portion of Sender’s 800 piece collection for $70 million in 2014. Sender and his wife recouped their $20 million investment and made a bundle thanks to Levin and some incredible works of art. There’s no doubt art advisors are worth the money if investors have a serious art collection.

Town Residential Helped Me Find A Great Home In Manhattan

I’ll never forget what happened on September 11, 2001, because it was the most terrifying day of my life. I have family members that had survived being close to the towers when they fell, and I felt badly for those who lost family members in the attacks. I didn’t live in New York City at the time, but I had always wanted to move to the city. After the twin towers had fallen, I did resent the fact that I would never get to see the towers in person. I’d also never be able to go to the top of the towers, and view of the city from the tallest buildings in the world.

Things have changed a lot since 2001, and I eventually had to move to NYC apartments for rent on Town Real Estate on my own. One of the first places that I visited was the 9/11 memorial, and it made me reflect on those that had lost loved ones after those attacks. I really appreciate a place like New York City, and the people here have been through a lot, and yet they still persevere. I wanted to be in a city where the people are strong; they work hard, and they continue fighting in the face of adversity, and that’s why I chose to move to New York City.

Of all the cities I could’ve picked to live in, I chose New York City, and I would never say I made the wrong decision. I currently live in the suburbs, but I’m looking to move to Manhattan because I want to be in the center of New York City where there’s a lot more to do. I have a business that I’m looking to start in Manhattan, and I’ve even found a great place to start the business. I already have the funding I need for the business, so I just need to find a place in New York City.

I wanted to get out of the suburbs and into the city, so I decided to work with Town Residential. I know that Town Residential has a portfolio of some great real estate properties, and I might be able to find myself a home that’s close to where I’ll be working. It would be nice to live in Manhattan and work in Manhattan at the same time. The agents over at Town Residential were great, and they brought me some great prospects when it comes to real estate, and I went through the list very quickly. There were so many great homes to choose from that I could hardly make a decision, but I settled on looking at one particular home. I plan on checking out the home very soon.

Grant Hill and Company Own Atlanta Hawks

The long sales process of the Atlanta Hawks has finally resulted in the team being sold to a group led by Anthony Ressler. The team also includes Grant Hill and Jesse Itzler. The final price of the sale is $850 million. This turns out to be a very profitable transaction for Bruce Levenson. Bruce Levenson has began a lengthy process of selling the team which resulted in a few close calls for making the final deal. At one time, the team was predicted to sell for $1 billion or more. However, in one bid, the highest price that was offered was closer to $700 million. While this may have been a disappointing turn out, it was a good profit for Bruce Levenson.

Things did turn around for the better for Bruce Levenson when the group led by Ressler has formed a deal which offered $850 million. The only thing that needed to happen is that the owners had to approve of the sale, but that was a given. The agreement of the sale was announced on Wednesday. The new owners have expressed their excitement of owning the team. They have shown respect to the process of NBA’s approval. Of course, they extended their best wishes to the Hawks for the playoffs.

The final price was said to be the reflection of the team’s strength. This is actually seen to be a good sign of not only the team, but the whole NBA market. People also think about the many media deals that could be made both locally and nationally. There is also the NBA team valuations. The final price has come a long way from the previous sales of the team. When Bruce Levenson bought the Hawks, the price that he has paid was $250 Million. The final price of this most recent sale has shown how much the team has gained in value over the years.

The team will operate under the new ownership of Grant Hill and the others from this point on. They will still provide all of the entertainment that they have always provided. From Bruce Levenson’s announcement of selling the team back in September to the final deal made for the team, it has been a long process. Either way, the final deal has proven to be worth it, even if it is not the deal that was expected.

The Accomplishments Of Stephen P Murray

Just this last spring in an article on fortune.com, Stephen Murray CCMP Capital lost one of its most prolific leader, Chief Executive Officer and president of one of the largest private equity firms in the nation. The company is now run by Greg Brenneman, the new CEO who also expressed his condolences in wake of Murray’s passing saying that the company had lost a great “partner” and “friend” in Murray and expressed prayers for his family, and paid tribute to his accomplishments throughout his time with the company. As a champion of private equity investments, Murray took his career full throttle in the field for CCMP, and even just in the last year helped raise a $3.6 billion profit.

Murray’s beginnings started out in a neighborhood of New York City in the Westchester district in 1962, and his educational accomplishments included a bachelor’s degree from Boston College in economics, and an MBA from the Columbia Business School. He first got into the financial markets in 1984 when he joined Manufacturers Hanover Corporation as part of a professional training program, but he would soon become vice president of MML operations there. His time with Hanover Corp saw many different mergers, starting in 1989 when they were bought out by MH Equity Corporation, and soon after Chemical Bank, and then Chase Capital which would eventually be merged with JP Morgan took over.

The firm operated under the name of JP Morgan Partners for three years as a part of the main bank of JP Morgan, and during that time it expanded into the private equity sector and leveraged buyouts of middle market deals. However, when the firm purchased the pharmaceutical company Warner Chilcott, concerns over conflicts of interest with other firms doing business with JP Morgan were expressed. In the wake of that, CCMP Capital became a sole operating corporation with no ties to JP Morgan and began its own private equity ventures. Other retail sector companies that have been backed by CCMP Capital include Quizno’s and Cabela’s, and they have also held private equity in healthcare and energy companies.