Having celebrated its 30th anniversary in 2020, Galerie Perrotin now has 10 art galleries worldwide, on three continents, and represents around 100 artists.
Colony Investment Management specialises in private equity, credit and real estate, and currently manages assets worth €3 billion.
The acquisition of this stake, which is necessary to meet the new challenges facing the sector, will enable Galerie Perrotin to develop on a scale that has not been achieved before by a French gallery, while continuing its international expansion.
The Reed Smith team working alongside Colony Investment Management comprised partner Jean-Pierre Collet and tax associate Alice Pothet-Zevaco.
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