gelman collection of mexican art surfaces at santander with plans to bring it to spain
Banco Santander has announced it will manage roughly half of the Gelman Collection, one of the most significant collections of 20th-century Mexican art, which disappeared from public view in 2008. The Madrid-based bank now oversees 160 of approximately 300 works amassed by patrons Jacques and Natasha Gelman. The collection will anchor the new Faro Santander cultural center in Spain, set to open in June, through a long-term loan agreement with the Zambrano family, the prominent Mexican business family revealed to own the once-lost collection. The collection's whereabouts had been largely unknown, with only sporadic sightings in foreign institutions, after it was divided by executor Robert R. Littman despite the will's stipulation that it be shown intact in a private museum in Mexico.
