Pace Gallery has secured global representation of the Constantin Brancusi Estate, announcing plans for a London exhibition this fall curated by art historian Jérôme Neutres. The news coincides with the auction of Brancusi's 1917 sculpture *Danaïde* at Christie's New York, estimated at $100 million, from the collection of late media mogul S.I. Newhouse. The estate was previously represented by Kasmin gallery, which closed last year. Pace's CEO Marc Glimcher emphasized the gallery's investment in modernist expertise and its ambition to become a market center for Brancusi works.
This development matters because it signals a strategic shift in how major artist estates are managed, moving from auction houses to mega-galleries for market control. With Brancusi's auction record at $71 million and *Danaïde* poised to break that, Pace's representation positions it to facilitate private sales and exhibitions during a generational wealth transfer that could bring rare Brancusi works to market. The move also highlights the growing competition between galleries and auction houses for top-tier modernist art.