Art proves a large success for hedge fund specialist Adam Sender

Through his work with Exis Capital Adam Sender created a career and fortune that is unmatched amongst his rivals as a hedge fund manager with rare abilities. Sender was well known across the financial industry for the tight control he held over his hedge fund, which included working from a darkened office featuring more than 20 screens to monitor markets across the world at a single time. Entering the offices of Exis Capital was also something of an adventure in contemporary art, which Sender is a dedicated collector of and positioned around his offices to bring a little culture into the world of finance.

It is not uncommon for successful business people to invest their funds into the best art the world has to offer, but much like the modern art collection of advertising experts the Saatchi brothers Sender took his own path through the art world. Instead of seeking out the established masters of any genre the hedge fund specialist sought to find the best in contemporary art and seems to have taken a particular interest in the photography of contemporary artists. Adam Sender has created one of the largest collections of contemporary art in the world, which will be auctioned in a sale that experts believe could raise as much as $70 million for the avid collector.

The risks Sender took in employing curator Todd Levin to find the best in contemporary pieces for his collection look to have paid off as huge profits are expected for pieces that have rarely come to the auction floor. One piece Sender purchased in 1998 for just under $100,000 is expected to raise between $2 and $3 million as he looks to achieve major profits through the sale. Working as a hedge fund specialist allowed Adam Sender to invest in the best contemporary art that came onto the market and the 400 piece sale comes after an earlier 2006 sale of 40 contemporary art pieces raised over $20 million for the collector.

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