Adam Sender built a career in managing hedge funds while exploring new frontiers, venturing into the art world. As a hedge fund manager, Sender founded Exis Capital Management, and in its prime he managed an in excess of a billion dollars in assets. During this time, he also amassed a collection of over four hundred contemporary art pieces with an astonishing net worth of over seventy million dollars. Lucky for him, as he ended his hedge fund business, he had his extensive collection to fall back on for income.
The Senders Collection, as it has been named, has loaned pieces to the Guggenheim and Los Angeles County Museum of art. At one point, Sender considered purchasing an old church nearby his home to display his some eight hundred piece collection, but soon abandoned that idea in favor of taking a position at the Parrish Art Museum. In 2012, Senders transformed former Miami home into a week long art venue to draw on the art crowds coming to Art Basel Miami Beach. During this week his five thousand square foot home was turned into an art exhibit itself. Sarah Aibel, the Sender Collection’s curator cleverly displayed over 70 pieces of his collection in provocative and thoughtful places throughout the house. Closets, bathrooms, and hallways alike were turned into a beautiful display of art, with art. The concept of the display was art taking over a home, and Ms. Aibel certainly hit the nail on the head with it.
Sender has enlisted the help of Sotheby’s to sell a portion of his collection, saying this of the pieces he has gathered, “When I started buying art, I never thought that this was going to turn into what it turned into” – a kind of snapshot of how contemporary art has evolved in the past 30 years.’ He is reportedly keeping some of his collection, and will be adding select pieces to it looking to continue with art collecting and trading as a career.