Editor’s Note: This story originally appeared in On Balance, the ARTnews newsletter about the art market and beyond. Sign up here to receive it every Wednesday.
Industry Moves
Connecticut’s Bruce Museum Names Chief of Curatorial Affairs and Experience: Kathy Fredrickson joined the Greenwich-based institution on August 3, after having served as a curatorial strategy consultant to the Bruce since October 2025. She previously held the role of director of collections and curatorial affairs at the Corning Museum of Glass.
Towner Eastbourne Names Next CEO and Director: Martin Clark, the current director of the Camden Art Centre in London, will join the East Sussex institution in January.
Sargent’s Daughters Names Two Sales Appointments: Christine Nyce, who has worked at the gallery since 2021, will now be a director, while Nikki Myers, who joined last year, will be gallery associate.
TERN Adds Three Artists to Roster: The Bahamas-based gallery now represents Gio Swaby, Richard Nattoo and Marisa Willoughby-Holland.
JO-HS Now Represents Hwi Hahm: The Busan-born, New York–based artist, a 2024 graduate from Hunter College’s MFA program, draws on German Expressionism, Cubism, and Metaphysical painting to create his canvases.
Jorge M. Pérez Family Foundation Doles out $720,000 to Miami-Based Arts Nonprofits: As part of its CreARTE grant program, this cycle will benefit 32 organizations, including the Museum of Contemporary Art North Miami, Oolite Arts, and Women Photographers International Archive.
Graham Foundation Names 45 Organizations as Grant Recipients: A total of $451,000 has been given to support projects like a landscape and design exhibition at the Cooper Hewitt in New York, an Amanda Williams exhibition at the Museum of Contemporary Art Chicago, and Paul R. Williams survey at Los Angeles County Museum of Art. The full list can be found on the foundation’s website.
The Big Number: $350 M.
That’s how much billionaire collector Yusaku Maezawa reportedly spent to buy Nausicaä, a 375-foot superyacht that’s named after a Studio Ghibli film. Designed by Marc Newson and built by Lürssen, it’s said to have nine cabins, a sushi bar, and a two-story gallery to hold some of the masterpieces from his collection, including pieces by the likes of Andy Warhol, Jeff Koons, Richard Prince, and Christopher Wool.
Read This.
The New York Times takes a pragmatic look at some of the most lauded national pavilions at this year’s Venice Biennale, which have engaged performers to activate the pavilions multiple times a day during its six-month run. Paris-based dance critic and scholar Laura Cappelle writes, “The practical questions quickly pile up: How many hours a day, or a week, can performers reasonably sustain? And who pays for their time and expenses, when visual exhibitions typically require only attendants to run?” Dries Verhoeven’s Dutch Pavilion, for example, needs three rotating teams to achieve its six daily performances, along with an on-call doctor.
