New Collector Trends in Art & Finance Art & Finance Conference 2019 12 th edition -

Deloitte - New Collector Trends in Art & Finance | Content

Content

Agenda...... 05 Speakers...... 09 Sponsors & Media Promoters...... 45 4

Noospheres © Lina Sinisterra (2019) New Collector Trends in Art & Finance | Speakers DELOITTE ART & FINANCE CONFERENCE 2019 - 12TH EDITION

Agenda

NEW COLLECTOR TRENDS IN ART & FINANCE 5 Deloitte - New Collector Trends in Art & Finance | Agenda

TIME FRAME SUBJECT SPEAKERS

08:30 | 09:00 Registration and welcome coffee

09:00 | 09:15 Welcome speech Vincent Gouverneur - Partner, EMEA Investment Management Leader, and introduction Art & Finance Leader, Deloitte Peter Brigham - CEO, Rosemont Monaco SAM Jean Castellini - Minister of Finance and Economy, Principality of Monaco

09:15 | 10:15 Panel 1 Moderator: Pascal Noel - Director of Operations, Deloitte Monaco Estate Planning: structuring Panelists: Peter Brigham - CEO, Rosemont Monaco SAM art collection in an era of greater Melanie Damani - Managing Director, Hottinger Art Limited transparency Emmanuelle Ragot - Partner, Head of Data/IP/TMT/Employment, Wildgen Pietro Ripa - Private Banker, Fideuram Bank Freya Stewart - CEO, Art Lending and Group General Counsel, The Fine Art Group

10:15 | 10:45 Break

10:45 | 11:45 Panel 2 Moderator: Janet Xanthopoulos - Head of Yacht Ownership & Administration, Rosemont Yacht Services Art on Yachts: Monaco’s unique vision Panelists: Olivier Blanchet - Head of Jet & Yacht Finance, BNP Paribas SA Daniela Boutsen - President, Boutsen Design Thierry Cognard - Managing Director, WES Monaco Bruno Peretti - Director, Société Monégasque de Transports / Monaco Freeport  Mike Taylor-West - Director Global Markets, Private Client, Marine & Aviation, La Playa Insurance

11:45 | 12:30 Presentation of the 6th Deloitte Anders Petterson - Founder & Managing Director, ArtTactic Luxembourg & ArtTactic Adriano Picinati di Torcello - Director, Global Art & Finance Coordinator, Art & Finance Report Deloitte Luxembourg

12:30 | 14:00 Lunch - Salon de la mer

6 Deloitte - New Collector Trends in Art & Finance | Agenda

TIME FRAME SUBJECT SPEAKERS

Moderator: Simon de Pury - Founder and Owner, de Pury 14:00 | 15:00 Panel 3 Transformation of the art market Panelists: Tiqui Atencio - Art Collector by 2030: opportunities and Martin Guesnet - Senior Associate Director, Artcurial challenges for art collectors Dr. Thomas Kellein - Director, Bergos Berenberg Art Consult David Nahmad - Art Collector Sophie Neuendorf - VP, Strategic Partnerships, artnet

Moderator: Solenne Blanc - Managing Director, New Business Lines, 15:00 | 16:00 Panel 4 Beaux-Art & Cie How collectors can better manage their collection and reduce risks Panelists: Curt Bilby - President & CEO, Art Analysis & Research through technology Nanne Dekking - Founder and CEO, Artory Philippe Gellman - Co-founder and CEO, Arteia Niko Kipouros - Founder & CEO, 4ARTechnologies Dorit Straus - Senior Advisor, Wondeur AI

16:00 | 16:30 Coffee break - Salon de la mer

16:30 | 17:30 Panel 5 Moderator: Henry Blundell - CEO, MasterArt Private Museums: trends and the Panelists: Vitomir Jevremovic - Founder & CEO, VR-All-Art impact of Virtual Reality Joel Kremer - Co-founder & Director, The Kremer Collection Sylvain Levy - Co-founder, DSLcollection Allegra Shorto - Art Director, Khora Contemporary - Faurschou Foundation 

17:30 | 17:45 Closing Speech Inna Bazhenova (with consecutive translation) Owner, Publisher, The Art Newspaper international network

17:45 | 18:00 Closing Remarks Guillaume Rose CEO, Monaco Economic Board

18:00 | 19:00 Cocktail reception - Horizon deck

7 8

Excentrica © Lina Sinisterra (2007) New Collector Trends in Art & Finance | Speakers DELOITTE ART & FINANCE CONFERENCE 2019 - 12TH EDITION

Speakers by alphabetical order

NEW COLLECTOR TRENDS IN ART & FINANCE 9 Deloitte - New Collector Trends in Art & Finance | Speakers

Tiqui Atencio Art Collector

iqui Atencio Demirdjian is In 2016, Tiqui published a book titled TChairwoman of the International ‘Could Have, Would Have, Should Have; Director’s Council of the Solomon Inside the World of the Art Collector’. R. Guggenheim Museum and an Ex-Officio Trustee of the Solomon R. Guggenheim Foundation.

She is Chairwoman of the Tate’s Latin American Acquisition Committee, a member of the Tate’s International Council and Ex-Officio Trustee of Tate America’s Foundation.

She is a member of the associations of friends of the Musée d’Art Moderne de la Ville de Paris, and of the Nouveau Musée National de Monaco.

10 Deloitte - New Collector Trends in Art & Finance | Speakers

Inna Bazhenova The Art Newspaper international network Owner, Publisher

nna Bazhenova is the owner of The In 1999 Mrs. Bazhenova joined OAO In 2014, IN ARTIBUS Foundation was IArt Newspaper international network, Gazprom as a chief specialist. established – a non-profit organization publisher of The Art Newspaper and private museum in Moscow, which Russia, co-publisher of Russian Art In 2004 Mrs. Bazhenova co-founded studies and popularizes classic and Focus online media, and founder of IN ZAO Gazmashproect which provides modern art. ARTIBUS Foundation. She is also an art technical maintenance services for collector and philanthropist. major and supporting equipment, In 2017 Mrs. Bazhenova initiated assembling of production equipment, the The Art Newspaper Russia Film In 1991 Mrs. Bazhenova graduated and implementation of high-tech Festival in Moscow – an annual from the Gorkiy State University power-saving technologies. international festival of movies about named after Lobachevsky, art and artists. Computational Mathematic and In 2012 Mrs. Bazhenova launched Cybernatics faculty, specializing in The Art Newspaper Russia and In 2018 together with Dmitry Aksenov Applied Mathematics. The Art Newspaper Russia Annual (Aksenov Family Foundation) Inna Award. Since June 2013 she has been Bazhenova co-founded Russian Art In 1994 Mrs. Bazhenova became a the owner of The Art Newspaper Focus, an online media focusing on co-founder, the chief financial officer international network with editions the Russian art scene for an English- and the chief accountant of ZAO in London, New York, Paris, Shanghai, speaking audience. Gidroaerocentr. Turin, and Tel Aviv.

11 Deloitte - New Collector Trends in Art & Finance | Speakers

Curt Bilby Art Analysis & Research President and CEO

ocket scientist, art enthusiast and exposures through the development Rentrepreneur with over twenty- and commercialisation of new five years of executive leadership technologies. experience in both the US and , Curt Bilby is currently serving as Dr. Bilby has engineering degrees from President and CEO of Art Analysis & Rose-Hulman Institute of Technology Research. The firm offers technical and Auburn University and conducted investigation of artworks by combining his doctoral work at The University of scientific analysis, technical imaging Texas at Austin. Of note is his selection as well as art history to aid with as a Distinguished Young Alumnus attribution, authentication and forgery of Rose-Hulman where he was also detection. awarded an honorary doctorate.

Before devoting his work fulltime to AA&R, fuelled by a strong belief in the power of technology, Dr. Bilby had a decade of successful experience in numerous biotech and biopharmaceutical companies, where he worked to cure cancer and radiation

12 Deloitte - New Collector Trends in Art & Finance | Speakers

Solenne Blanc Beaux Arts & Cie Managing Director, New Business Lines

olenne Blanc is Managing Director Solenne joined Greenwich Consulting Sfor New Business Lines at Beaux (now part of EY), a consulting firm Arts & Cie, driving internal and external dedicated to Telecom and Digital, growth (Beaux Arts Institute, Beaux where she launched and developed Arts Consulting, Point Parole, Artips) the Media, Culture & Entertainment and developing advisory services for practice. cultural institutions. She has 22 years’ experience in She has authored several studies on strategic planning, business modelling the economy of media and culture, and innovation projects, advising including an economic overview key players in Media and Cultural of cultural and creative industries industries. worldwide: “Cultural Times, the first global map of cultural and creative Solenne graduated from ESSEC industries.” Business School in 1995 and began her professional career at Arthur Andersen Business Consulting in the TMT department, before joining TheatreOnline, an online editorial & ticketing service for theatre. In 2002,

13 Deloitte - New Collector Trends in Art & Finance | Speakers

Olivier Blanchet BNP Paribas SA Head of Jet & Yacht Finance

aving graduated Paris-Dauphine Olivier joined BNP Paribas in 1993 Wealth Management department, HUniversity with a master and has held various origination providing specialist guidance for his of economics and industrial and management roles through the yacht financing team, particularly organizations, Olivier was also recently International Corporate Banking in marketing, structuring, loan certified from the University of Network. In 2002, he discovered that documentation and due diligence Cambridge to develop Positive Impact “God must have been a ship owner or compliance. Business on behalf of the Institute for a yacht owner because he placed raw Sustainability Leadership. materials and paradises far from where they were needed and covered 2/3 of Olivier has developed skills in the earth with water”. He became a structuring, credit risk and project Maritime Banker. He developed a solid management, acquired in Corporate international business relationships Banking with a focus on Asset Finance. portfolio, with a focus on commercial He has held various positions as vessels and ship owners. He launched relationship manager, credit analyst, a dedicated offer for yacht financing in portfolio manager, credit structurer 2006. and credit project manager. His specialties include deal origination As Head of Yacht and Shipping Finance and structuring, risk management, Services at BNP Paribas, Olivier reengineering and IT projects. works in close cooperation with the

14 Deloitte - New Collector Trends in Art & Finance | Speakers

Henry Blundell MasterArt Chief Executive Officer

enry Blundell has been active in the MasterArt.com has developed a HArt Market since 2000 through his number of applications that enable company ArtSolution, who specializes collectors to identify top quality, learn in information technology solutions. more about art, and remain abreast of Amongst his clients are major art trends in the art market. MasterArt’s fairs such as TEFAF Maastricht, Art innovations include an online database Miami, Masterpiece in London and art of more than 15.000 artworks, all of the galleries of international reputation. finest quality, from over three hundred Mr. Blundell launched MasterArt.com reputable international dealers, a in 2013. Since its inception, MasterArt digital library of art catalogues, and has gained recognition as the premier virtual tours of the most important online resource strictly dedicated to fairs. high-quality artworks issued from the world’s major art dealers, while The organization provides a quality bringing together an unparalleled label for art and brings together network of relationships with the art collectors, traders and art experts. world’s most influential people.

15 Deloitte - New Collector Trends in Art & Finance | Speakers

Daniela Boutsen Boutsen Design President

orn in on the Western side themselves at the forefront of the pre- That moment marked the beginning Bof “The Wall”, Daniela grew up in an owned aircraft sales market. To date, of Daniela’s second career where her environment open to cultural diversity. they have sold over 375 aircraft and are passion for the ‘art de la table’ was From a very early age, Daniela loved art highly respected for their ethics and finally fulfilled with the inauguration and beautiful items. It was during her performance. of BOUTSEN DESIGN at the Dubai apprenticeship at the renowned KPM, Airshow in 2012. It was created with the Royal Porcelain Manufacture in her While Thierry led the front end a clear vision to do this work to the native Berlin, that Daniela’s passion for operations, Daniela managed the back utmost perfection. From the initial the very finest tableware and the ‘Art office side of the company but her temporary Showroom in the Boutsen de la Table’, was born. dream for art and design lingered. This Aviation’s offices in Monaco, the dream would soon become a reality company has grown meteorically to At twenty-one, Daniela headed up after a client commissioned her to take include the ‘one-stop shop’ Showroom her very own event-planning agency, care of the interior decoration of his across the street, a significant Logistics a company that quickly developed aircraft. Daniela coordinated everything centre, as well as the first and unique into one of the biggest in , from the pillows to the flower vases, Concept Store at the General Terminal with a powerhouse clientele. Daniela tableware and champagne bucket in Nice Côte d’Azur Airport. is married to former Formula 1 to the cashmere throws. As a result, champion Thierry Boutsen; together having encountered all that comes In just a few years Daniela has they founded the aircraft sales and with the completion of large aircraft, accomplished many great milestones acquisitions company BOUTSEN the concept of BOUTSEN DESIGN was with many more to come. AVIATION with a view to positioning born.

16 Deloitte - New Collector Trends in Art & Finance | Speakers

Peter Brigham Rosemont Monaco Managing Director/CEO

eter has been practicing in Monaco Based in Monaco, Peter is responsible Psince 1988. He qualified with Ernst for overseeing the development of the and Whinney in London and is now international offices of Rosemont. a Fellow of the Institute of Chartered Peter also acts for selected private Accountants of England & Wales. He clients in a wide range of areas, has been a member of STEP since including strategic business 1998, is a member of the Institute of development, international structuring, Directors, the ITPA (International Tax tax and estate planning. Planning Association), member of AMCO (Association Monégasque des Compliance Officers), and Secretary of the Monaco Association of Trust and Corporate Service Providers - AMPA (Association Monégasque des Professionnels en Administration de Structures Etrangères).

17 Deloitte - New Collector Trends in Art & Finance | Speakers

Jean Castellini Principality of Monaco Minister of Finance and Economy

Photo: Direction de la Communication - Michael Alesi

ean Castellini is the Minister of He returned to Monaco in 2004 where, JFinance and Economy for the during the first two years, he set up his Principality of Monaco. He was own consultancy Investment Research appointed by His Serene Highness providing services in economic and Prince Albert II of Monaco and took up financial matters to both the Prince’s his position on the 26th of December Government and to the National 2012. Council.

Prior to his current position, from 2009 He was then appointed by the Prince to to 2012, Mr. Castellini was the Chief advise the Prince’s Cabinet from 2006 Executive Officer of the J. Safra Bank to 2007. (Monaco). He was later appointed Secretary In his early career, he worked nine General of the Monaco Financial years for Barra, the world’s leading Services Authority (CCAF) until 2009. risk analytics provider for investment portfolios. Then from 1998 to 2004, he worked in Paris for Russell Investments, a leader in investment advice for institutional investors.

18 Deloitte - New Collector Trends in Art & Finance | Speakers

Thierry Cognard WES Monaco Managing Director

fter spending 18 years in the WES is an Authorised Economic Aexpress transport industry as Operator (AEO) commercial & marketing manager, •• WES voluntarily meets a range of Thierry Cognard teamed up with criteria, working in close cooperation Alexandre Trueba to develop the with customs authorities to assure company WES. the common objective of supply chain security, and are therefore Their strategy is to offer transport and entitled to enjoy benefits throughout customs solutions to very demanding the EU. niche markets in terms of quality of service and discretions. •• WES is based in Monaco, Nice and Paris. For 20 years the target markets for WES have been art, yachting, luxury fashion, haute couture, and luxury vehicules.

19 Deloitte - New Collector Trends in Art & Finance | Speakers

Melanie Damani Hottinger Art Limited Managing Director

elanie Damani joined Hottinger Zurich. She advised individuals, trust City of London Wealth Management MGroup in 2019 as Co-Founder and companies, private banks and other Awards. Melanie is Swiss and Italian Managing Director of Hottinger Art Ltd. financial institutions on a wide range of and practices in English, Italian, fiduciary issues including international German and French. Prior to joining Hottinger Group, tax, wealth and estate planning Melanie was Head of Art Advisory at matters. She was also involved in Edmond de Rothschild Group. She mergers and acquisitions, general worked within the Wealth Solutions corporate, and intellectual property Department, which aims to assist matters. clients with protecting, increasing and transferring their wealth over Melanie holds a MA (Hons) in Law from generations. the University of as well as a MA of Laws (LL.M) from the University Before developing her career as an of California at Berkeley. She also art advisor, Melanie was a corporate holds a MA (Hons) in Art Business lawyer practicing at top-tier Swiss and from the Sotheby’s Institute of Art, international law firms. In her last role jointly delivered by the University of as lawyer, Melanie was an Associate Manchester. Melanie was presented within the Wealth Management Group with an award for Excellence in of law firm Baker & McKenzie in Business Development at the 2019

20 Deloitte - New Collector Trends in Art & Finance | Speakers

Nanne Dekking Artory Founder and CEO

anne is the Founder and CEO the world’s leading art dealers, where Nof Artory, New York/Berlin and he advised individuals, museums, Chairman of the Board of TEFAF. and foundations on the formation Artory’s core product, the Artory and development of their collections. Registry, is a secure, digital registry of Nanne was the founder and principal verified information about artworks of Nanne Dekking Fine Arts, an art and collectibles, and their history. consultancy firm and gallery in New Artory builds an additional layer of York. He is the current Chairman of trust into the art market that is already The European Fine Art Fair (TEFAF). the norm when purchasing other valuable items—houses, cars, jewelry, After graduating from the University or even computer software. of he held numerous distinguished positions in The Nanne is an eloquent advocate Netherlands, including Deputy for change in the international art Administrative Director of the Dutch market. Prior to founding Artory, he National Ballet. He started his career was Sotheby’s Vice Chairman and as Assistant Curator of the Historical Worldwide Head of Private Sales. Collections of HM The Queen of The Before joining Sotheby’s, he was Vice Netherlands. President of Wildenstein & Co., one of

21 Deloitte - New Collector Trends in Art & Finance | Speakers

Philippe Gellman Arteïa Co-founder, CEO

fter graduating in Economics from An entrepreneur at heart, he has taken AParis Dauphine University, Philippe over companies in sectors such as Gellman worked in the Financial sector asset management, diet and lifestyle, for nearly 30 years. He started to work fashion and gaming. Having been an art for retail brokers on the equity markets collector for 20 years, he co-founded for various French and foreign banks and has managed Arteïa as CEO since and brokers. He created the equity its creation in 2016. desk of Fimatex subsidiary of Société Générale in 1995, which became Boursorama, and co-founded and managed the first independent on-line broker Bourse Direct from 1997 to 2005, which was listed on the French Paris Stock exchange in 1999.

22 Deloitte - New Collector Trends in Art & Finance | Speakers

Vincent Gouverneur Deloitte Luxembourg Partner, EMEA Investment Management Leader, Art & Finance Leader

incent has more than 25 years’ Vincent is a senior adviser to the Vexperience in dealing with pan- Financial Services Industry on a European distributed funds. He number of areas regarding Private started his career in audit in 1991 Banks and Asset Managers and Asset before joining Fidelity Investments Servicers on tax, risk, and regulatory in 1994, where he occupied, during reporting. 7 years, different functions in the He is also Art & Finance Leader. Fund Operations department. He joined Deloitte in 2001 and in 2009 he was appointed Deloitte Investment Management Leader for the EMEA region (Europe, Middle East & Africa) covering all Consulting, Audit and Tax services.

23 Deloitte - New Collector Trends in Art & Finance | Speakers

Martin Guesnet Artcurial Senior Associate Director

artin Guesnet, half French, half In 2012 he was made a Chevalier of MGerman, is passionate about the Ordre des Arts et des Lettres. In contemporary art. For 10 years 2014 Martin was appointed Director for he was an actor with avant-garde Europe and is in charge of developing theatre troops in Germany before Artcurial’s European activities and switching to focus on the fine arts. co-ordinating the German, Austrian, From 1986 to 1997 he was Director of Belgian and Italian offices. the Galerie Beaubourg, Paris/Vence, after which he managed the Karsten Greve gallery in Paris. He joined the Francis Briest auction house in 1998 and dedicated himself to developing the contemporary art sales market in France. Between 2002 and 2014 he managed Artcurial’s Contemporary Art Department where, under his direction, several collections were sold, including those of Jean Bousquet, Daniel and Florence Guerlain and Micheline and Claude Renard, as well as Jean Pollack.

24 Deloitte - New Collector Trends in Art & Finance | Speakers

Vitomir Jevremović VR-All-Art Founder and CEO

itomir Jevremović is the founder Vitomir has a background in both Vand CEO of VR-All-Art, the first development and business. He platform and a new marketplace has been running a production for artists, galleries, museums company, Digital Mind, creating VR, and the general public to exhibit, AR, web and mobile applications in explore and acquire art in the virtual the fields of marketing, culture, and and augmented worlds. Run on a education. He has been involved blockchain-implemented protocol in marketing, digital production layer, VR-All-Art provides the and development for more than 20 certification of art, and trade of art years, working on various projects through smart contracts developed from software tools in archeology according to CIDOC-CRM, ISO- to interactive 3D reconstructions of approved standard. ancient sites, computer and mobile games, interactive installations, VR-All-Art brings much-needed animated movies and now Virtual liquidity in the art space through Reality projects. He has authored one the new token economy model and of the first Virtual Reality museum expansion of real-life galleries and installations – the VR museum of museums into infinite Virtual Reality Nikola Tesla. He has a degree in spaces. archeology and a passion for digital museums and arts.

25 Deloitte - New Collector Trends in Art & Finance | Speakers

Dr. Thomas Kellein Bergos Berenberg AG Director Art Consult

ellein acted as curator and museum Hamilton, , Mike Kelley, Kdirector from 1982-2012, starting Robert Longo, John McCracken, Shirin at Staatsgalerie Stuttgart, followed Neshat, Qiu Zhijie, Hiroshi Sugimoto, by Kunsthalle (1988-1995), or Lawrence Weiner. He has also Kunsthalle Bielefeld (1996-2010), and curated major exhibitions of Caspar the in Marfa, Texas David Friedrich, Kasimir Malevich, Ad (2011-2012). Reinhardt, Mark Rothko, Clyfford Still and . In 2013, he established the Art Consult Department at Berenberg (a German private bank founded in 1590 in ). His service was moved to Berenberg Schweiz in 2017, where the bank was renamed Bergos Berenberg in 2018.

Kellein has worked with internationally acclaimed artists such as , , , , Richard

26 Deloitte - New Collector Trends in Art & Finance | Speakers

Niko Kipouros 4ARTechnologies AG Founder & CEO

ith a long track record as an As an enthusiast for technology Wentrepreneur and investor and the digital world, Niko saw whose portfolio spans more than 50 the potentials of Blockchain and companies, Niko Kipouros combines Cryptocurrencies in the art world and excellent business sense with a deep he wholeheartedly supports the digital understanding of the art industry and revolution. This led to establishing of its complexities. Kipouros studied 4ARTechnologies, a company whose Economics at Universities in Düsseldorf aim is to put an end to art fraud, but and Athens. also to offer added value to all the players involved in the art world. He started his professional career He founded the company in 2016 as an investment banker with Merrill together with his long-lasting partner Lynch in 1985 in London, and later he Rolf Maier, one of the biggest German joined Prudential Bache in Düsseldorf. art insurance brokers. The company In 1995 he founded Omega Capital is based in “Crypto Valley” in Zug, Group. Based on these experiences, . Niko established himself in the last 20 years as a successful art broker and Niko is fluent in English, German, Greek collector in Switzerland. and Italian.

27 Deloitte - New Collector Trends in Art & Finance | Speakers

Joel Kremer The Kremer Collection Co-founder & Director

oel has an extensive background in He has over 20 years’ experience in the Jthe online industry, starting in 1998 online industry, including marketing, in online advertising for the BeNeLux implementation, and analytics. and UK markets. After receiving a degree in Economics, he joined Google Joel manages the Kremer collection, UK & NL’s sales teams, focusing on and he built the award-winning retail clients. He has also worked in VR Museum, where he launched several of Google’s product teams to the museum’s “Mighty Masters” launch advertising products for Europe programme for children. and train Google Europe’s new hires.

Joel subsequently founded Kremer Consulting, specialising in helping off/online companies in activating/ accelerating their online business. He is a frequent keynote speaker at conferences, and a masterclass trainer for large tech companies all over the world.

28 Deloitte - New Collector Trends in Art & Finance | Speakers

Sylvain Levy DSLcollection Co-Founder

ylvain and Dominique Levy co- DSLcollection also decided that the Sfounded DSLcollection in 2005. collection should be a nomadic one. Since its inception, the DSLcollection From 2005 it went from a website to has been trying to bridge harmoniously a 2D and 3D museum, and in 2012 the worlds of Art, Humanities, and a museum on Second Life and now Science. augmented reality and virtual reality.

•• Art especially by being one of the only collections focused on Chinese contemporary art.

•• Humanities by keeping the collection as a family and personal journey, and especially by having their daughter fully involved in the project.

•• Science by using the technology to open new spaces and experiences for people to connect with art.

29 Deloitte - New Collector Trends in Art & Finance | Speakers

David Nahmad Art Collector

avid Nahmad is undoubtedly one becoming a mathematician. But they symbolise my life story.” Dof the most powerful men in the with no regrets. “In art I discovered His collection is a unique epitome of art market. A descendant of a Jewish a great science! If Kandinsky created fine taste and knowledge of art. Family Lebanese art family residing in Monaco abstraction, Duchamp created Dadaism, and art are sacred for the Nahmads. and a cousin of the late Edmond Safra, Breton was at the start of the surrealist David Nahmad is delighted that he he and his family are perhaps the single movement and we have come to made his father and his cousin, the biggest buying force in fine art. The informal art, consumer society or pop banker Edmond Safra, understand the life of the art collector, born in 1947, art, that’s because there’s a logic to it,” importance of art before they died. has crossed paths with the lives of the he says today. He is not a sentimentalist “Nothing in this world is more crucial century’s major artists. when it comes to what should be than art,” he says. His two sons, Helly The eighth child of Hillel Nahmad, a sold or kept. “You need to keep what and Joe, continue the noble tradition Syrian banker who settled in in becomes a historical document, a and specialize in contemporary art. 1945 before migrating to Italy, David testimony of our society and our Today David Nahmad enjoys above Nahmad got into the saddle with his culture. For example, the world changed all displaying his collection by loaning older brother Joseph, who was a true with space exploration and the artists the works to major museums and art mentor to him and his second brother who demonstrate that are Fontana, foundations worldwide. He and his Ezra. Together they created a gallery in by piercing the canvas, and Yves Klein family have loaned to a total of 200 and quickly created their network. by creating the void.” Nevertheless, museums, including 40 in France. Young David accompanied his brother David Nahmad remains sentimental. David Nahmad is married to Colette to galleries and auctions, and made his He refuses to sell the Tanguy and Max Nahmad and has three children. first sale, a Max Ernst, aged 17. Ernst works he bought when he was 18. He is the 1996 Backgammon World He therefore gave up his dream of “Those paintings cost me nothing and Champion. 30 Deloitte - New Collector Trends in Art & Finance | Speakers

Sophie Neuendorf artnet Vice President, Strategic Partnerships

ophie Neuendorf is Vice President Sophie is German, London-educated, in Strategic Partnerships at artnet, and spent time at Christie’s before Sleading the firm’s partnership entering artnet. program with art fairs, financial and cultural institutions. With eight years of experience at artnet, Sophie also served as Director of their prestigious Gallery Network, a platform for the world’s leading galleries. In a globalized art world, artnet’s products, such as the Price Database and Gallery Network, provide collectors, professionals and galleries with the information, inventory management, and marketing tools they need to grow their business and move the art world forward.

31 Deloitte - New Collector Trends in Art & Finance | Speakers

Pascal Noel Deloitte Monaco Director of Operations

ascal is a tax Director at Deloitte PMonaco.

Pascal started his career with Deloitte in Luxembourg in 1986, and contributed to the launch of the Monaco office in 2014.

Pascal has an international tax background. Its main clients are financial institutions and local authorities who need to adapt their business and procedures to the new international tax standards (FATCA, CRS, BEPS, DAC…)

32 Deloitte - New Collector Trends in Art & Finance | Speakers

Bruno Peretti Société Monégasque de Transports (S.M.T) Director

runo Peretti is 40 years old, In 2001, he joined Tec Capital high-value items (such as antiques and Bgraduated in 2001 from ESPEME Investments Ltd as a junior consultant, works of art). (EDHEC Group) in Nice, International working in London for the next Business school with a speciality in 2 years on various projects from This naturally led to his participation in Marketing. commercialisation of 3D modelling the opening of the Monaco Freeport as software for the video game industry to technical advisor, for which S.M.T is the His professional experience began new multimedia support software for main operator in Monaco. back in 1998, with France Telecom, the press industry. the launch of Wanadoo, and Currently, he is the co-owner of S.M.T, commercialisation of Itineris, the main In 2004, he joined family business with Nicolas Peretti. Exclusively based internet and mobile service providers S.M.T, founded in the Principality in in Monaco, the company mainly in France at this time. 1974. A perfect occasion to associate specializes in tailor-made solutions in his technical and international fine art storage, transport and customs This technical and marketing experience in new technologies with formalities, but also in archiving experience led to a position at E.P.N 3 generations of extensive knowhow systems and removals. S.M.T has (European Press Network) in Paris, on transport, storage and customs acquired an extensive experience and an independent international press formalities in Europe and abroad. Here, network, including multi residencies, agency specialized in converging press he developed tailor-made, state-of- permanent and temporary locations room systems and emerging online the-art solutions for packing, transport (such as planes, second residencies editing tools. and storage of personal effects and and yachts).

33 Deloitte - New Collector Trends in Art & Finance | Speakers

Anders Petterson ArtTactic Founder & Managing Director

nders Petterson is a leading Aauthority within the art market and the art industry. He is the Founder and Managing Director of ArtTactic, a London-based art market research and data intelligence company set- up in 2001. He lectures regularly on the topic of ‘Art as an asset class’ and is a Board Member of Professional Advisors to the International Art Market.

34 Deloitte - New Collector Trends in Art & Finance | Speakers

Adriano Picinati di Torcello Deloitte Luxembourg Director, Advisory & Consulting, Global Art & Finance Coordinator

driano is the Global Art & Finance Conference cycle that has become the Business Development team and in the ACoordinator for the Deloitte group annual benchmark event in the field. Strategic Planning team of Deutsche of member firms and has over He has also developed Art & Finance Börse Group. 20 years of professional experience. seminars for professionals seeking guidance about the global art market Adriano has a degree in business He is in charge of the Art & Finance and he is the co-author of the Deloitte sciences and finance, as well as an MBA activities within Deloitte Luxembourg, and ArtTactic Art & Finance Report. As and a M.Sc. in banking and finance. an initiative he has been coordinating the spokesperson of the Art & Finance He is fluent in French, English and has since its inception in 2008. Adriano initiative within Deloitte, he regularly a very good command of Italian. also coordinates the development speaks at national and international of the Art & Finance activities at conferences. the Deloitte group level. Over the past decade, Adriano has been Adriano started his professional working towards the creation of an career as an auditor at KPMG. He Art & Finance/Business cluster in also spent several years with Banque Luxembourg. Degroof Luxembourg to develop the group’s activities in France through To create public awareness of the Art & wealth structuring and funds services. Finance subject, Adriano initiated the Before joining Deloitte in 2008, he international Deloitte Art & Finance held management positions in the Asia

35 Deloitte - New Collector Trends in Art & Finance | Speakers

Simon de Pury de Pury Founder and Owner

imon de Pury is one of the platform for contemporary culture and secured a substantial number of the Sleading figures in the art market. auctions of contemporary art. most legendary art collections for He is renowned for his deep and auctions and private treaty. In 2016 Simon de Pury published The longstanding knowledge of the global Auctioneer, his memoirs, that came In 2010, he was the subject of an hour- marketplace and for his legendary out in the U.S. The U.K edition, Spanish, long documentary on the BBC, titled performance on the auction podium. French and Chinese edition were ‘The Man with the Golden Gavel’. In At the beginning of 2013 Simon released in 2017. 2010 and 2011 he was the mentor in founded de Pury de Pury, a company Bravo’s reality TV show ‘Work of Art: From 2000 to 2012 he was Chairman specializing in building collections, The Next Great Artist’. and Chief Auctioneer of Phillips de Pury consulting established collectors and & Company. Earlier in his career he was He is an active charity auctioneer, and institutions together with facilitating Chairman Europe and Chief Auctioneer over the years has raised hundreds private transactions of Impressionist, Worldwide at Sotheby’s. He was also of millions of dollars for a number Modern, Post War and Contemporary curator of the Thyssen–Bornemisza of charities and cultural institutions. Art. Additionally, he conceives and Collection, the world’s largest private Examples include amfAR, Leonardo curates exhibitions and is active in the collection at the time, that today is DiCaprio Foundation, Guggenheim branding of artistic, cultural and real housed in its own museum in . Museum, New Museum, Museum of estate projects as well as supporting Contemporary Art (MOCA) Los Angeles, and advising artists. Simon has been instrumental in Fondation Beyeler, Human Rights championing the careers of many In 2015, together with Arnaud Watch, Elton John Aids Foundation and contemporary artists, photographers Massenet, co-founder of Net-A-Porter, many others. and designers. He has auctioned and he founded de-Pury.com, an online 36 Deloitte - New Collector Trends in Art & Finance | Speakers

Emmanuelle Ragot Wildgen S.A. Partner - Head of Data/IP/TMT/Employment and Head of Wildgen 4 Art

ualified as Avocat à la Cour Focused on both litigation and League guides for her regulatory Qin Paris and Luxembourg, advisory work, she made a name knowledge and experience. Emmanuelle, Partner, heads for herself in litigation specifically Wildgen’s Data Protection, Intellectual related to intellectual property Emmanuelle is a regular speaker at Property and Technology, Media rights. She represents high-profile international conferences, notably & Telecommunications (Data/IP/ local and international clients in the for iTech, one of the most widely TMT) practice group as well as the protection, acquisition, negotiation, established and largest technology Employment law practice group, use, distribution of IP rights and IP tax law associations. Appointed as a titular Wildgen 4 Innovation, a legal hub for structuring. member of the Benelux Council for start-up businesses, launched in March Intellectual Property, an advisory body 2015, and Wildgen 4 Art. She has achieved prestigious top to the Benelux Office for Intellectual rankings in the most authoritative Property for several years and Before joining Wildgen in 2012, directories of the legal profession in WIPO (World Intellectual Property she worked for international law Europe. The Legal 500 EMEA guide Organisation) expert in Intellectual firms. Throughout more than 20 ranked Wildgen as a Tier-1 firm in IP Property Rights, her professionalism years of practice in London, Paris and IT and described Emmanuelle’s makes her an international Data/IP/ and Luxembourg, Emmanuelle has team as “one of the best IT/IP practices TMT key player. developed a sound experience in in Luxembourg”. Emmanuelle is also protecting her clients’ interests and has top-ranked as leading individual by Emmanuelle speaks French, English, built up a strong independent network the last editions of the Chambers and Spanish. She has dual French and of experts in other jurisdictions. & Partners, WTR 1000 and Leaders Luxembourgish nationality.

37 Deloitte - New Collector Trends in Art & Finance | Speakers

Pietro Ripa Fideuram Bank Private Banker

raduated with honours in He was awarded the “Medaglia GBusiness and a student at the Laurenziana” prize for the private university hall of residence dissemination of innovative content on “Almo Collegio Borromeo”, Pietro an international level and has won the has studied and worked for several “Premio Spoleto Festival Art 2016”. years abroad. Holding a master’s degree in Accounting and Finance and becoming an expert in financial advisory and portfolio management, he has been Head of the financial market department in some of the major Italian and international banking groups.

A lecturer in a number of post-graduate Master’s degrees and teaching assistant at the University of Pavia, he is the author of several studies in business and art finance.

38 Deloitte - New Collector Trends in Art & Finance | Speakers

Guillaume Rose Monaco Economic Board CEO

ince 21 March 2019, Guillaume an audit of all the reservations and undertaking promotional operations SRose has been Executive Director sales services, he was made Deputy abroad. He has also broadened the General of the Monaco Economic Board Director before assuming responsibility mission of the ten Destination Monaco (MEB). A non-profit association, MEB as Director of Communications for the offices around the world, by including is also the Government’s operational Group. Keen to serve his country more all areas that set the Principality arm for promoting Monaco’s business broadly, in 2010 Guillaume Rose elected apart. At MEB, he has reinforced a community in the Principality and to join the teams at the Tourism and more participative management style, actively participating in its development. Convention Authority (DTC) as Deputy convinced that wellbeing at work is A screenwriter by training, with a Master Director, then Director the following an essential component of success. in Cinema from the Sorbonne in Paris, year. Guillaume Rose continues to pursue his he worked in a variety of posts in TV political career. A founding member of and cinema production for four years At the head of a team of 50 in Monaco the ‘Union pour la Principauté’ party, in the French capital. A Monegasque, and 50 abroad, he set about promoting then ‘Union des Monégasques’, he he returned to his country in 1997 to the excellence of the Principality’s was elected to the National Council join the communications department hospitality and opening up new markets (Monaco’s parliament) from 2008 to of the Monte-Carlo Société des Bains for the destination. At the same time, he 2013, then re-elected in 2018 on the de Mer (SBM), before heading up the was responsible for strong growth in the ‘Priorité Monaco !’ list, where he is promotions department for the Group’s convention business, which is closely currently President of the Environment casinos. A Corporate MBA obtained at linked to the success of the hotel sector. and Quality of Life Commission. the International University of Monaco On his arrival at MEB, Guillaume Rose enabled him to complete his training reinforced coordination between the Guillaume Rose is a Knight of the Order in management and marketing. After public, public-private and private entities of St Charles. 39 Deloitte - New Collector Trends in Art & Finance | Speakers

Allegra Shorto Khora Contemporary - Faurschou Foundation Art Director

llegra Shorto is Art Director of AKhora Contemporary and is based between London and Copenhagen.

Her work focuses on establishing Virtual Reality as a widely applied medium within the arts, through collaborations with artists and institutions working with new digital technologies.

Allegra has a background in contemporary art curation and holds a degree in History of Art from the University of Cambridge.

40 Deloitte - New Collector Trends in Art & Finance | Speakers

Freya Stewart The Fine Art Group CEO Art Lending, Group General Counsel

reya Stewart is CEO of The Fine Freya obtained a First Class BA in Art Group’s art-secured lending History from Manchester University Fbusiness. The Fine Art Group is and completed her legal qualifications a market-leading international art at Oxford Institute of Legal Practice. advisory, investment and finance firm, which provides competitive art finance solutions to borrowers on a global basis. Freya also supports The Fine Art Group as General Counsel.

Prior to joining The Fine Art Group Freya was senior Legal Counsel at Christie’s Auction House, where she advised on all aspects of art lending, auction and private sales. Previously Freya spent 10 years at Linklaters LLP and Barclays Capital as a structured finance, derivatives and prime brokerage lawyer in London, New York, Hong Kong and São Paulo.

41 Deloitte - New Collector Trends in Art & Finance | Speakers

Dorit Straus Wondeur AI Senior Advisor

or over 30 years, Dorit Straus has Dorit was one of the key members of Since 2009 Dorit has been on the been an important contributor to the Getty Institute OBJECT ID project faculty of ARCA (Association for Fthe fine art insurance industry in creating universal criteria for describing research on Crimes Against Art). her capacity as underwriter, manager works of art. In 2016 Dorit was nominated by and innovator in creating insurance Dorit has published chapters in several President Barak Obama and solutions for the art community. books including: serves on the 11-member committee of the Cultural Property Advisory •• “The Implication of Art theft on the Until her retirement in 2013 she was Committee at the United States Insurance Industry” Noah Charney, Worldwide Fine art Manager at the Department of State. Art and Crime (2009) Chubb Group of Insurance companies. Dorit studied Middle Eastern •• “Insuring Art” in “The Art of Collecting” In 2018 Dorit joined Wondeur AI as a Archeology at Hebrew University in Diane McManus Jensen (2010) senior advisor and Ambassador to the Jerusalem, . She worked at several Financial Services Industry. Dorit is •• “Insurance and Art Crime” Art Crime museums including The Peabody actively involved as an advocate for the and its prevention edited by Arthur Museum of Ethnography at Harvard arts and as an independent consultant. Tompkins (2016) University and the Jewish Museum in She is a member of The Arts and NYC. •• “Insurance Challenges and Art Crime” Records Committee of the Inland Dorit’s expertise includes all aspects in “The Palgrave Handbook on Art Marine Underwriting Association, and of insurance and risk transfer needs of Crime”, Saskia Hufnagel and Duncan on the board of the International museums and cultural institutions. Chappell (2019) Foundation for Art Research (IFAR).

42 Deloitte - New Collector Trends in Art & Finance | Speakers

Mike Taylor-West La Playa Insurance Director Global Markets / Private Client, Marine & Aviation

ike Taylor-West is a Maritime It has been his career-long ambition MBusiness & Marine Law alumnus to wash the private client culture of the Institute of Marine Studies, over the yacht insurance business, University of Plymouth. He is also to demystify the long established a graduate of Britannia Royal Naval “marine way” whilst respecting the College, Dartmouth and a Chartered honourable culture and generally very Insurance Broker (ACII). Mike brings good conduct with which it operates. more than 20 years of international It continues to be Mike’s view that Art private client and marine insurance falls down a crack between these two experience, building his professional worlds. insurance foundations in both Pantaenius and Chubb Insurance as When not visiting clients, trusted an Underwriter in both. For the past 8 advisors and underwriters around years Mike has consolidated and grown Europe and the USA, Mike loves to with passion and enthusiasm La Playa’s windsurf or alpine ski, hobbies of more market position as the pre-eminent than 35 years. Mike confesses to being boutique, international private risk happiest on the water, up a mountain concierge business, encompassing or spending quality time with family international property, yacht, art, and faithful Border terrier Lola. valuables, and collectible motor cars.

43 Deloitte - New Collector Trends in Art & Finance | Speakers

Janet Xanthopoulos Rosemont Yacht Services Head of Yacht Ownership & Administration

anet has an international background professional and highly experienced Jand graduated from the University people who can assist owners and of Aix-Marseille III (France). She holds brokers throughout the ownership a master’s degree in International/ process, from purchase or construction European and Maritime Law. up to the point of sale, by taking a holistic view of their structuring, legal, Since 2001, Janet has gained significant tax, financing, registration, insurance, professional experience in the yachting crewing, and day-to-day administration sector in Europe and Asia, having led needs. the yacht departments of two other Luxembourg and Monaco-based Janet speaks five European languages companies. Her extensive legal, and regularly presents at conferences fiscal, and commercial experience is and international events. further strengthened by her practical background in the yacht sector and in She is also vice president of the providing a dedicated range of services European Committee for Professional meeting the most exacting standards. Yachting (ECPY) and a member of the As head of the Marine & Aviation Board of the Monaco Yachting Cluster. Division, Janet leads a team of

44 New Collector Trends in Art & Finance | Speakers DELOITTE ART & FINANCE CONFERENCE 2019 - 12TH EDITION

Sponsors & Media Promoters

NEW COLLECTOR TRENDS IN ART & FINANCE 45 Deloitte - New Collector Trends in Art & Finance | Speakers & Media Promoters

Main Sponsor

Bronze Sponsors

Media Promoters

46 “Feeling Blue” - Series: Noospheres - Courtesy Paola Lozano Collection NY © Lina Sinisterra (2019) Contacts

Art & Finance Vincent Gouverneur Partner - Art & Finance Leader Deloitte Luxembourg +352 451 452 451 [email protected]

Adriano Picinati di Torcello Director - Global Art & Finance Coordinator Deloitte Luxembourg +352 451 452 531 [email protected]

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms, and their related entities. DTTL (also referred to as “Deloitte Global”) and each of its member firms are legally separate and independent entities. DTTL does not provide services to clients. Please see www.deloitte.com/about to learn more.

Deloitte is a leading global provider of audit and assurance, consulting, financial advisory, risk advisory, tax and related services. Our network of member firms in more than 150 countries and territories serves four out of five Fortune Global 500® companies. Learn how Deloitte’s approximately 286,000 people make an impact that matters at www.deloitte.com. Deloitte Luxembourg This communication contains general information only, and none of Deloitte Touche Tohmatsu Limited, 20 Boulevard de Kockelscheuer its member firms or their related entities (collectively, the “Deloitte network”) is, by means of this L-1821 Luxembourg communication, rendering professional advice or services. Before making any decision or taking any Grand Duchy of Luxembourg action that may affect your finances or your business, you should consult a qualified professional adviser. No entity in the Deloitte network shall be responsible for any loss whatsoever sustained by any person Tel.: +352 451 451 who relies on this communication. www.deloitte.lu

© 2019. Deloitte Tax & Consulting. Designed and produced by MarCom at Deloitte Luxembourg. www.deloitte-artandfinance.com