Art Market Monitor

Global Coverage ~ Unique Analysis

  • AMMpro
  • AMM Fantasy Collecting Game
  • Podcast
  • Contact Us

Bloomberg Looks at Collector David Martinez’s Investments

December 12, 2016 by Marion Maneker

Hoffman Rothko

In the art market, David Martinez is known as the buyer of a $140m Jackson Pollock and the controversial seller of a $31.4m Rothko he bought from Marguerite Hoffman. But little has been known about Martinez’s investing until now.

Bloomberg uses regulatory filings to sketch out the scope of his business:

He wrote in a 2013 Financial Times column that his firm participated in almost every sovereign debt restructuring of the past quarter century, from Latin America in the 80s to Greece four years ago.

Regulatory filings in Spain, Italy, Mexico, Argentina and the U.S. sketch a picture of activity across three continents. Fintech’s holdings include minority stakes in two of Europe’s oldest financial institutions, Spain’s Banco de Sabadell SA and Italy’s Monte dei Paschi di Siena SpA.

The bulk of his investments appear to be in Argentina. He bought sovereign debt there more than a decade ago and made millions repurchasing discounted bonds. Fintech in 2007 became a 40-percent owner of Cablevision SA, whose parent Grupo Clarin SA is the country’s most powerful media group.

Mysterious Bond-Market Billionaire Offers Rare Look at Finances  (Bloomberg)

More from Art Market Monitor

  • Marguerite Hoffman SpeaksMarguerite Hoffman Speaks
  • How Private Sales Conquered Auction HousesHow Private Sales Conquered Auction Houses
  • Christie's Imp/Mod Evening Sale = $231,439,500Christie's Imp/Mod Evening Sale = $231,439,500
  • Christie's Imp/Mod Press Conf. (NY, May 2010)Christie's Imp/Mod Press Conf. (NY, May 2010)
  • Sotheby’s Single Owner Photography Sale = $5.4mSotheby’s Single Owner Photography Sale = $5.4m
  • Why Have Yayoi Kusama’s Prices Lagged Her Fame?Why Have Yayoi Kusama’s Prices Lagged Her Fame?

Filed Under: Collectors, General Tagged With: David Martinez

About Marion Maneker

LiveArt

Want to get Art Market Monitor‘s posts sent to you in our email? Sign up below by clicking on the Subscribe button.

  • About Us/ Contact
  • Podcast
  • AMMpro
  • Newsletter
  • FAQ

twitterfacebooksoundcloud
Privacy Policy
Terms & Conditions
California Privacy Rights
Do Not Sell My Personal Information
Advertise on Art Market Monitor
 

Loading Comments...