Pinta and its exclusive scheme with museums for the acquisition of artworks.
Pinta London will repeat the fair's successful New York programme and continue its contribution for Uk and European museums and institutions.
Pinta's Museums Acquisition Programme has been key in re-reading Latin American art to which PINTA has contributed since its first edition in New York in 2007.
Relying on a leading system of its kind, this programme incentivates institutional commitment to incorporate works exhibited by participating galleries at the show. In this way, during PINTA, a number of museums committed to modern and contemporary Latin American art are given the chance to enrich their collections by incorporating new artworks.
Up to the present US $ 250,000 dollars have been donated by PINTA to initiate this matching funds programme. The selected museums match or overmatch the contributions made by PINTA, and the funds are used to purchase Latin American artworks exhibited at the fair. During the past year, El Museo del Barrio in New York incorporated in its collection works by Carlos Karcamo, Fanny Sanin and Milagros de la Torre; the Museum of Fine Arts, Boston, acquired works by Liliana Porter. The Tamayo Museum also selected a work by Porter, in addition to one by David Lamelas. The Harvard Art Museum enhanced its collection through the acquisition of a work by Victor Grippo; the Pinacoteca do Estado de Sao Paulo acquired a piece by Hermelindo Fiamminghi; Tate Modern opted for Horacio Zabala, and the Museum of Fine Arts, Houston purchased a work by Pedro Costigliolo. Other museums, such as the Museum of Modern Art (MoMA), New York, have lent their support to this fair that has changed the vision of Latin American art, and have acquired important pieces of art in the course of the fair's previous editions.
Besides the significance of museum acquisitions in the context of the unstoppable process of globalization of Latin American art, Pinta's Museum Acquisition Programme represents both an opportunity and a challenge for participating galleries.
The increasing focus on modern and contemporary Latin American art is inseparable from the broadening of its market. To participate in Pinta London implies being present at a decisive moment for the present and the future of the market for contemporary Latin American art, and for the re-reading of works which were essential during the construction of modernism.