Art Market, NPAP offers experience and vision to address change

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Art Market, NPAP offers experience and vision to address change

Art Market, NPAP offers experience and vision to address change
Art economy

From left Brett Gorvy, Philip Hoffman, Ed Dolman, Patti Wong, Alex Dolman

What happens when five leading figures in the art world come together to form a new consulting entity? The newly formed firm, New Perspectives Art Partners (NPAP), has the ambitious goal of redefining the way art market expertise is delivered at the highest level. It’s an ambitious goal, but not an impossible one given the experience the five partners have accrued. Joining forces in the new entity are art market veterans Ed Dolman, Alex Dolman, Brett Gorvy, Philip Hoffman and Patti Wong . Unlike traditional models, NPAP will not operate as a fixed corporate structure: the partners will maintain their own independent businesses and will step in only when high-level strategic issues need to be addressed.

The decision to launch NPAP comes at a crucial time for the sector. The art market is in the midst of a transformation: the traditional auction model is showing signs of crisis, third-party guarantees are multiplying, margins are shrinking and regional fragmentation is increasing. The large auction houses, once dominated by logics of spectacularization and surprise, now find themselves having to manage growing operational and strategic complexity. It is in this context that NPAP intends to fit in, offering authoritative and discreet guidance. The founders emphasize how the strength of the project lies both in its flexible structure and in the solidity of the relationships between the partners, built over decades of careers at the top of the market. No aggressive branding, nor hierarchical structures, the partners state. The consultancy will be based on relevance, confidentiality and the ability to respond directly to the most current needs of collectors and institutions.

The company aims to offer tailor-made consultancy to collectors, trustees and family offices, providing support in the management, growth or reallocation of highly significant art collections. The added value lies in the combination of highly specialized skills – from auction houses to galleries, from cultural institutions to private consultancy – and in a geographical presence that ranges from Hong Kong to Doha. NPAP therefore presents itself as a targeted and aware response to a changing market, ready to offer strategic vision and added value in an increasingly competitive context.

Ed Dolman spent years in Doha leading the Qatar Museums Authority, managing the development of Qatar’s cultural sector program, before becoming CEO of Phillips. Before his time in the Middle East, Edward Dolman spent 27 years at Christie’s, including 11 years as the auction house’s chief executive. His son Alex is an art market expert with extensive knowledge of 20th century and contemporary art. Patti Wong co-founded Patti Wong & Associates in 2023, along with Daryl Wickstrom , and in just two years they have handled over a billion dollars of transactions on behalf of their clients, cementing the firm’s position as a leading art advisor in the Asian market. Brett Gorvy co-founded Lévy Gorvy Gallery in 2017 and subsequently Lévy Gorvy Dayan in 2023. Former Chairman and International Head of Post-War and Contemporary Art at Christie’s for over two decades, Brett Gorvy is a leading authority and market maker on 20th and 21st century international art. Last but not least Philip Hoffman Founder and Chairman of The Fine Art Group, founded in 2001 as the first company to successfully launch a series of eight art investment funds.

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