Adam Sender is a hedge-fund manager turned art collector. He has appeared in the spotlight because of an exhibition he mounted from his private collection. The exhibition was held in one of his Miami homes that were dormant in the real-estate market. Because he was not selling the house at the time, he decided to use it for the exhibition since he had a lot of art to showcase. The event christened ‘Home Away’ was curated by his collector Sarah Abiel. She made sure that she chose art that she displayed art by high-profile artists like Cindy Sherman, Chris Olifi and many others.
Sender has a vast art collection, and even the exhibition did not showcase all of it. He was particularly elated at the thought that people will come and see his art collection of many years. The exhibition only used 70 pieces out of the over 1,000 pieces in his collection. His art collection is estimated to total over $100 million in value. He has been acquiring the art since the late 1990’s making use of the same analytical and discerning eye he used to choose equities that are promising. Many of the pieces increase in value as time passes. When he started collecting, Sender used to buy pieces for amounts like $100,000 which is rare to come across these days.
Sender is careful with who he buys his art from. He prefers experienced artists, and he rarely buys from those still in school. His experience in hedge-fund management has no doubt taught him that experience is the best teacher in everything. When artists have no experience, they tend to produce artwork that is not satisfactory or which can not last long enough with good market value. For people like Sender who buy art as a form of investment, amateur artists are a no go zone.
The most interesting thing about Sender is the fact that he is still collecting art. He says that he loves art and does not waste a chance to buy a new item. He is not particular about his exact taste though he admits that he loves pieces done by women as well as those about women. In 2006, he managed to sell forty works that netted him close to over $20 million.
Because he used his profits from the hedge fund business, he is very careful to make a profit out of the collection as well. Sender is a perfect example of an individual who succeeds and uses his creative mind to make a fortune out of an area that many could not see. He had fathomed that the art he loves to collect will one day fetch him millions. Adam Sender is a well known part-time art collector.