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Published Wed, Feb 24, 2010 02:00 PM
Modified Wed, Feb 24, 2010 02:39 PM

Couple donates Picasso to the N.C. Museum of Art

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- Staff writer

Julian Robertson, a hedge-fund owner, and his wife, Josie, have given the N.C. Museum of Art four paintings by modern European artists, including a Pablo Picasso portrait of his lover.

Officials said the Picasso will hang in the new, expanded museum set to open in April. The other paintings, by Alfred Sisley, Maurice de Vlaminck and Emil Nolde, will hang on a rotating basis.

"The North Carolina Museum of Art is elated to receive this generous, promised gift from the Robertsons," said Larry Wheeler, museum director. "These major works, by major School of Paris painters, will both fill a gap in and beautifully compliment the museum's collection, enabling it to present more fully the story of the birth of modern art."

The museum has been closed for seven months while art handlers move its collection -- more than 750 pieces of art -- into a new, 127,000-square-foot expansion that will house a permanent gallery of the state's collection.

Julian Robertson, a native of Salisbury and a graduate of UNC-Chapel Hill, is the founder of Tiger Management, a hedge fund.

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Images

  • Pablo Picasso, "Seated Woman," Red and Yellow Background, 1952
    N.C. Museum of Art

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