(Q83874292)
Statements
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PARIS, May 29—Eighty seven years after Paul Gauguin quit banking to become a painter and poor, two of Eur opes most prestigious bankers have gone into art, part‐time, to net richer.They are Baron Leon Lam bert, senior partner of Bel gium's second biggest bank— the Banque Lambert of Brussels —and his Paris cousin, Baron Elie de Rothschild of the fam ily bank here. The two men are among the founders of a new fund incorporated yester day in Luxembourg for the pur pose of investing money in art works and trading in them.The fund, whose business ad dress is 59 Boulevard Royal in Luxembourg City, has been named Artemis, after the Greek goddess of hunting. The fund— one of 20 around the world, either in business or in the process of formation—will not need to hunt for money. Ac cording to Baron Lambert, Artemis has been “deluged with possibilities of investment.” (English)
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PARIS, May 29—Eighty seven years after Paul Gauguin quit banking to become a painter and poor, two of Europes most prestigious bankers have gone into art, part‐time, to net richer. They are Baron Leon Lambert, senior partner of Belgium's second biggest bank— the Banque Lambert of Brussels —and his Paris cousin, Baron Elie de Rothschild of the family bank here. The two men are among the founders of a new fund incorporated yesterday in Luxembourg for the purpose of investing money in art works and trading in them. The fund, whose business ad dress is 59 Boulevard Royal in Luxembourg City, has been named Artemis, after the Greek goddess of hunting. (English)
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Incorporated April 2, 1970 in the Grand Duchy of Luxembourg; private holding company of subsidiaries incorporated in the United Kingdom (David Carritt, Ltd., London) and other countries. Invests and trades in works of the fine and decorative arts of all periods and cultures.Inventory included old masters, impressionists, classical modem art, contemporary art; antique, African, Asian sculpture; decorative silver.Collaborating art dealers include E.V. Thaw & Co.. New York; Fourcade. Droll. Inc.. New York; R.M. Light & Co.. Boston; Heinz Berggruen & Cie.. Paris; Heinz Herzer & Co., Munich; P. & D. Colnaghi, London: Heim, London; Lefevre, London; Fischer Fine Art. London.Works sold among others to National Gallery, Washington; Cleveland Museum; Norton Simon Founda¬ tion; Ashmolean Museum. Oxford. (English)