Arun Rangachari (Arun Rangachari) bought the rights to all works of Italian artist Americo Montanari (Americo Montanari).

Such a" wholesale "buying investor from India has decided to initiate their investment in the arts . The head of the company before DAR Capital invested in industries such as media technology, agriculture, extreme sports, movie business (Bollywood movies), and sports. Now he declared his intention to gather his collection of works of art, and in the future - to create his own artistic foundation.

Rangachari bought the rights to a collection of forty paintings, with the right to further the acquisition of works by the same artist. Americo Montanari, who is already 73 years, presented his work at the court of public only once - in early 1980 in Milan. And in the early 1990's the artist locked himself in his own villa in Piedmont, where he continued to paint. Over the next 18 years he left his villa only six times, by shifting all the cares of his wife on his shoulders. Become a hermit it has prompted the belief that the art world has become too commercialized.

first became acquainted with the artist partner Rangachari in the art business Khare Raja (Raja Khara), being completely random. Driving past the villa Montanari, he saw an advertisement for the sale of the house: contain such an impressive property of its owner was not under force, and he put the house up for sale. As a result, the villa became Khare, and his colleague Rangachari soon bought out and pictures. In the villa they are going to build the exposition area of approximately 3,000 square meters, where the painting will be presented Montanari.

before selling paintings, Rangachari was necessary to create the artist name. At the moment we are working on a catalog of works Montanari; investor also intends to hold an exhibition Montanari in London at the end of the current year and three international exhibitions in 2011.

Rangachari plans to invest another 10.8 million pounds in art, considering this area is very promising . According to him, then, as on the art market is pricing - without whatsoever on the part of investors - truly phenomenal. Similar properties have only the art market and the real estate market. Major real estate investments he has already engaged. Art - a new stage for him.

Rangachari When asked what might keep his new hobby of failure, he explained, that will start out small. Attention Indian investor is going to place first and foremost a little-known artists. In addition, he intends to play the game fairly.

Material prepared Maria Onuchina, AI

Source: theartnewspaper.com , artinvestment.ru