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Frieze Taps Art Basel Veteran Frank Lasry as Chief Operating Officer

Frieze has appointed Frank Lasry as its new Chief Operating Officer, effective this June. Lasry joins the organization with an extensive pedigree in the art market, having previously served as COO at Perrotin and managing director at Art Basel, where he was instrumental in launching Art Basel Paris. His career also includes senior leadership roles at major auction houses Christie’s and Phillips, positioning him as a veteran executive with deep operational expertise across multiple sectors of the industry.

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Frieze Los Angeles launched with significant early momentum as Endeavor CEO Ari Emanuel acquired three quilts by artist Yvonne Wells from Fort Gansevoort before VIP hours officially began. The fair's opening day saw robust activity, including the $3.7 million sale of an Ed Ruscha painting, while major galleries like Pace Prints and Opera Gallery announced strategic expansions into Los Angeles and Houston respectively.

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Billionaire Ari Emanuel, whose company Endeavor recently acquired the Frieze art fairs, kicked off the VIP opening of Frieze Los Angeles by acquiring three works by 86-year-old Black quiltmaker Yvonne Wells. Emanuel entered the Santa Monica Airport venue ahead of the general VIP crowd, purchasing textile portraits of Michael Jackson, Marilyn Monroe, and Elvis Presley from New York gallery Fort Gansevoort. The transaction, facilitated by Emanuel's long-time advisor Jeffrey Deitch, set a high-energy tone for an opening day that saw brisk sales, including a $3.75 million Ed Ruscha painting at Gagosian.

‘Better every year’: Frieze opens to swift sales for Los Angeles artists

Frieze Los Angeles opened its 2026 edition at the Santa Monica Airport with a strong showing of community spirit and rapid sales during the VIP preview. Following a difficult year marked by local wildfires, the fair has seen a surge in institutional acquisitions and commercial success for both emerging local talent and established international figures. Notable early transactions included a $2.8 million sale of a Njideka Akunyili Crosby work by David Zwirner and a complete sell-out of Erica Mahinay’s paintings at Make Room gallery.

Frieze Los Angeles reflects the city’s resilience

Frieze Los Angeles has returned to the Santa Monica Airport for its seventh edition, marking the first iteration since the fair was acquired by Ari Emanuel’s live events venture, Mari. The event features nearly 100 galleries from 22 countries, balancing global powerhouses like Gagosian and Hauser & Wirth with a strong contingent of local Los Angeles mainstays. Fair director Christine Messineo emphasized the fair's role as a central gathering point for the international collecting community within the city's sprawling landscape.

67 galleries will once again take over the Shed for Frieze New York

The Frieze New York art fair will return to the Shed in Manhattan for its sixth edition this May, featuring 67 galleries. This marks the first edition since the fair's parent company was acquired by Ari Emanuel's Mari. The event will coincide with several other New York art fairs and major spring auctions, creating a competitive landscape for collectors' attention as it follows closely on the heels of the 2026 Venice Biennale opening.