Gallery behind US$35m Art Basel sale to open Asia headquarters in Hong Kong

Lévy Gorvy will open its Asia headquarters in Hong Kong next year, as the boutique dealer of post-war and contemporary art ramps up its global presence and expands its products to include art investment funds.

The firm, which will open on the ground floor of St George’s Building in Central district in March, was set up in 2017 when gallerist Dominique Lévy joined forces with Brett Gorvy, former head of post-war and contemporary art at Christie’s.

“The de Kooning sale represented the more public aspect of our business,” Gorvy says, adding that the firm’s private sales can involve artworks that are much more expensive than the one at Art Basel.

Lévy Gorvy has a business model that is fundamentally different from Western galleries that have set up permanent spaces in Hong Kong such as David Zwirner, Gagosian and Hauser & Wirth, he adds.

It only has a small stable of artists and artist estates, and many of them, like Zao Wou-Ki, are shared with other galleries. “Our 2,500 sq ft space in Central will complement our existing operations in New York, London and Zurich, and it will have many exhibitions throughout the year. Unlike other international galleries, we are not limited to just showing artists who we represent,” he says.