AZIZ + CUCHER | TIROCHE DELEON COLLECTION AQUISITION

Aziz + Cucher, in collaboration with Magnolia Editions, have created a monumental digital jacquard tapestry as a new component of “Some People,” a series of projects representing human emotion and gesture within a landscape that has been devastated by either misguided war or ongoing tribal and nationalistic conflict. The tapestry, measuring approximately 2m x 3m, depicts over 30 figures entwined in a perplexing but emotionally charged ritual in the midst of a landscape of rubble from which a futuristic city is emerging. The multitude of figures and the complex composition echoes both Bosch and Delacroix, but more poignantly, connects this work to the traditional depiction of scenes of military conquest created for the courts of the European Renaissance, albeit maintaining a thoroughly contemporary “Some People” does not allude to any specific conflict or political situation in particular, but rather, it tries to evoke the senselessness and futility of these ongoing struggles and the anxiety of the historical moment we all inhabit.

 

“Some People” is the latest acquisition by the Tiroch DeLeon Collection.

 

See the exhibition list of Tiroche DeLeon Collection

 

Tiroch DeLeon Collection – Overview

 

Bridging Passion and Investment

 

The Tiroche DeLeon Collection was established in January 2011 by Serge Tiroche and Russ DeLeon.


The objectives of the venture were to:

  • Undertake an extensive investigation of new markets for contemporary art across the developing world.
  • Build a significant collection of masterpieces by primarily established, but also emerging contemporary artists.
  • Embark on a program to share the collection with the wider public through a prominent lending program.
  • Facilitate investment in art for private investors and institutions seeking to benefit from a more efficient investment portfolio via diversification into art and proxy exposure to emerging markets growth.
  • Combine social responsibility with strong profit potential.

 

Global lending program

 

The Tiroche DeLeon Collection collaborates with independent curators, museum directors, artists and galleries in order to identify seminal works by leading contemporary artists and to lend these works to prominent museums, exhibitions, biennales, art fairs and other public venues all over the world. Combining these partnerships with long-term investors enables us to operate a sustainable win-win investment model.


The first art fund modeled on a private collection 

 

In order to continue to grow the collection, on March 1, 2012 Tiroche and DeLeon contributed the 230 works acquired thus far to Art Vantage PCC Limited – a Gibraltar experienced investor fund – hence allowing external investors to join the project. And so was born the first art fund to be modeled on a private collection. The Gibraltar fund structure ensures high standards of corporate governance, regulatory oversight, and investor protection.

 

Tiroche and DeLeon, via TD Ventures Limited, continue to advise the collection under a non-compete agreement on all pertinent matters including research, investment strategy, disposals, marketing, investor relations, operations and finance. Global accounting firms Grant Thornton and KPMG serve as fund administrators and auditors, respectively, and one of Gibraltar’s leading law firms, Isolas, provides legal services.

 

http://tirochedeleon.com/about/overview/

June 3, 2015