The 10th edition of Art Monte Carlo took place from April 29 to May 1 in the Grimaldi Forum, featuring 26 exhibitors ranging from Old Master paintings to contemporary works by Picasso, Warhol, and Richter. The fair was acquired last year by Informa Prestige, a luxury offshoot of Informa, which also owns Miami's Untitled fair. Executive chair John Paton aims to grow the fair, nearly double its size within two years, and expand to another location, leveraging complementary audiences from yachting and supercars.
This acquisition signals a strategic push by Informa Prestige to deepen its footprint in the art market, tapping into a wealthy collector base that overlaps with luxury sectors. While sales were modest—with notable transactions including a €1.3m Poussin and works by Rob Butler and Jurgen Teller—the fair's shift to an April slot and its 'global ambitions' reflect a calculated effort to position Art Monte Carlo as a more significant player in the international art fair circuit, despite current profitability being uncertain.