What's Happening?
Matt Bangser, a prominent figure in the art world, has been appointed as the senior director at Art Intelligence Global (AIG), effective September 8. Bangser's career spans over two decades, including significant roles at Blum & Poe, Van de Weghe Fine Art, Phillips, and Christie's. His expertise includes overseeing global sales and securing major estates, such as Robert Colescott. The move comes after Blum & Poe's recent closure of its Los Angeles and Tokyo galleries, a decision driven by founder Tim Blum's desire to move away from the traditional gallery model. Bangser's appointment is seen as a strategic move by AIG co-founder Amy Cappellazzo, who values his comprehensive understanding of the art ecosystem.
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Why It's Important?
Bangser's transition to AIG is significant for the art advisory firm, which operates in New York and Hong Kong. His extensive experience in galleries, auction houses, and direct artist collaborations positions him as a valuable asset, especially during the current market lull. This appointment reflects AIG's commitment to advancing in the art market despite challenges. Bangser's role is expected to enhance AIG's advisory services for private clients, artists, estates, and institutions, potentially influencing art acquisitions, sales, and collection planning strategies.
What's Next?
As Bangser joins AIG, the firm may leverage his expertise to expand its influence in the art market. His understanding of the market dynamics could lead to innovative approaches in art advisory services. Stakeholders in the art industry might anticipate shifts in market strategies and collaborations, driven by Bangser's insights and AIG's strategic goals.
