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Yellen Partners to Conduct $8MM Sale of Artwork by Renowned Artists

Date: Sep 24, 2015 @ 07:38 AM
Filed Under: Industry News

Yellen Partners, LLC, a financial services, asset management, auction and appraisal firm, announced today an $8 million liquidation sale of more than 8,000 pieces of art. The work consists of artist proofs, lithographs and watercolor highlighted cast-paper images by artists including Pablo Picasso, William Sommer, Phillippe Noyer, Shafic Abboud and others. The sale will be conducted as an orderly liquidation in partnership with Danbury Global Limited, Inc. (Danbury), an auctioneer, liquidator and appraisal company, led by President Jonathan Ordon.

"We look forward to offering the public the opportunity to purchase fine art from some of the world’s most renowned artists at reduced prices," said Brian Yellen, president of Yellen Partners. 

Assets available will be listed on the Yellen Partners website, on Sept. 26, 2015.      

Yellen Partners, LLC is a Victory Park Capital portfolio company that is a specialized, hands-on provider of asset monetization solutions focused on the acquisition and disposition of retail and wholesale inventories, as well as healthcare and industrial machinery and equipment, for businesses seeking to continue operations or sell assets as a going concern. Core activities include sourcing, acquiring and monetizing distressed and other surplus assets through transaction strategies, including, but not limited to, retail store closings, orderly liquidations of wholesale inventories and specialty assets, as well as private treaty sales and on-site and on-line auctions.

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