A professor’s 30-year dream of assembling a complete set of “Thirty-Six Views of Mount Fuji,” the pinnacle of the artist’s career, leads to an auction.
Especially on the coasts of the state, the wealthy are increasingly choosing to
start their own museums rather than house their collections in someone else’s.
Though the state’s east coast museums have long grabbed headlines, transplants from across the U.S., and their money, are also having an impact on its Gulf Coast.
At Yale, a colleague said, he showed “there was a way to compete hard and well
in financial markets, but to have our lives be about something that mattered
more.”
While you’ve been binge-watching Netflix and peering anxiously at your
sourdough, John Hatleberg has been working on replicas of the Hope Diamond and
its earlier incarnations for the Smithsonian.
Paula Volent started in art conservation. But at Bowdoin, she has become one of
the nation’s most successful financial managers of a college endowment.
Ron McCarty spent his career refurbishing and refurnishing the 56-room palazzo
owned by John and Mable Ringling, bringing back an array of memorabilia.
Across the country, institutions are mounting exhibitions that connect ancient
and modern periods, demonstrating the continuing influence of the art of the
past.
The sturdy performance by the world’s second-largest university endowment last
fiscal year affirmed the diversification strategy of its longtime chief, David
Swensen.
In the second year of an overhaul by a new investment chief, the world’s largest university endowment trailed returns of 13.5 percent at M.I.T. and 12.9 percent at Penn, for example.