Ahead of its February 8th second event, the VIP Art Fair announced its expansion into three new events and a round of angel investment through Bloomberg’s Scott Reyburn;

VIP will also be holding events devoted to works on paper and photography running from April 20-22 and July 13-15 respectively. A three-day “Vernissage” (preview) will be held from Sept. 7-9, the fair said today in an e-mailed statement. “The Vernissage will be a smaller, shorter event in which dealers spread the word about what’s new and fresh before the Fall season starts,” said Kennedy. VIP is hoping for about 50 dealers at this weekend event, she said.

The fair has received angel funding from two international art collectors. Selmo Nissenbaum, based in Brazil, and the Australian Philip Keir, have invested a total of $1 million, VIP said in the statement.

Online Fair Grows as Bordeaux, $3.3 Million Freuds Test Auction (Bloomberg)