# Adam Sender

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{{Short description|American hedge fund manager and art collector}}
{{notability|Biographies|date=January 2017}}

{{Infobox person
| name=Adam Sender
| occupation=[Hedge fund](/source/Hedge_fund) manager, Art collector
| education=[University of Michigan](/source/University_of_Michigan)
}}

'''Adam Sender''' is an American hedge fund manager and art collector. He founded Exis Capital Management in 1998.<ref name=nytimes>{{cite web| url=https://www.nytimes.com/2014/03/21/arts/design/a-collector-changes-course.html?_r=0| title=A Collector Changes Course| date=March 20, 2014| work=The New York Times| access-date=October 22, 2015}}</ref><ref name=en>{{cite web|url=http://en.99ys.com/news/20111026/detail_1132.shtml |title=Hedge Fund Manager Sender Shows Art Collection, Blasts Fairfax |date=October 26, 2011 |publisher=99ys |access-date=October 22, 2015 }}{{dead link|date=June 2017 |bot=InternetArchiveBot |fix-attempted=yes }}</ref> In 2011, his art collection contained 1,000 pieces and was valued at approximately $100 million.<ref name=opal>{{cite web| url=http://www.opalesque.com/645243/Exis_Capital_annualizes_since_1998_inception524.html| title=Exis Capital annualizes 18% since 1998 inception| date=January 30, 2013| publisher=Opalesque| access-date=October 22, 2015}}</ref>

==Career==
Sender graduated from the [University of Michigan](/source/University_of_Michigan) with a Bachelor of Arts in history.<ref name=en/> He began trading stocks as a student.<ref name=opal/> In 1992, he co-founded Argo Explorer, L.P. with Bernie Gartenlaub  <ref name=en/> After college, They ran the Hedge Fund through 1996. Sender worked for [S.A.C. Capital Advisors](/source/S.A.C._Capital_Advisors).<ref name="wsj">{{Cite Q|Q114844635|access-date=2022-10-30}}</ref> In 1998, he founded his own hedge fund, which would become Exis Capital Management.<ref name="en" /><ref name="wsj" /><ref>{{cite web| url=http://www.interviewmagazine.com/art/adam-sender#_| title=In Miami, The Art World Returns to Sender| author=Brienne Walsh| date=November 30, 2011| publisher=Interview Magazine| access-date=October 22, 2015}}</ref> In 2006, Exis had $173 million in assets under management.<ref>{{cite web| url=https://www.bloomberg.com/apps/news?pid=newsarchive&sid=a7Ke6UuweaxE| title=Sender's Art Collecting Borrows Hedge-Fund Tactics| author=Linda Sandler| date=March 12, 2007| publisher=Bloomberg| access-date=October 22, 2015}}</ref> The company gained 15 percent in 2008.<ref>{{cite web| url=https://www.bloomberg.com/news/articles/2011-10-21/hedge-fund-manager-adam-sender-shows-art-collection-blasts-fairfax-suit| title=Hedge Fund Manager Sender Shows Art Collection, Blasts Fairfax| author=Katya Kazakina| date=October 20, 2011| publisher=Bloomberg| access-date=October 22, 2015}}</ref> Sender closed his firm in 2014.<ref>{{cite web| url=https://www.bloomberg.com/news/articles/2014-03-21/sender-to-sell-70-million-of-art-after-closing-exis-fund| title=Sender to Sell $70 Million of Art After Closing Exis Fund| author=Katya Kazakina| date=March 21, 2014| publisher=Bloomberg| access-date=October 22, 2015}}</ref><ref name="wsj" /> Sender is on the board of advisors for the non-profit cellular agriculture organization, New Harvest.<ref>{{cite web|url=http://www.new-harvest.org/about|title=People: Adam Sender|access-date=December 6, 2015|archive-date=November 14, 2020|archive-url=https://web.archive.org/web/20201114002306/https://www.new-harvest.org/about|url-status=dead}}</ref>

==Art==
Sender's art collection includes core works from [Urs Fischer](/source/Urs_Fischer_(artist)), [Keith Haring](/source/Keith_Haring), and [Cindy Sherman](/source/Cindy_Sherman).<ref name=insider>{{cite web| url=https://www.businessinsider.com/adam-sender-art-collection-display-art-basel-miami-2011-10| title=Hedge Fund Adam Sender's Massive Art Collection Will Be On Display At Art Basel Miami| author=Julie Zeveloff| date=October 7, 2011| publisher=Business Insider| access-date=October 22, 2015}}</ref> He began collecting in 1998 with Todd Levin as curator.<ref name=en/> Sarah Aibel joined the collection in 2006. Aibel took over as curator in 2008. Sender loans his work to museums including the [Solomon R. Guggenheim Museum](/source/Solomon_R._Guggenheim_Museum) in [New York](/source/New_York_City), the [Los Angeles County Museum of Art](/source/Los_Angeles_County_Museum_of_Art), the [Museum of Modern Art](/source/Museum_of_Modern_Art), and the [Beyeler Foundation](/source/Beyeler_Foundation) in [Switzerland](/source/Switzerland), among others.<ref name=bloom>{{cite web| url=https://www.bloomberg.com/news/articles/2010-07-02/adam-sender-dresses-up-hedge-fund-rooms-with-ruscha-dan-flavin| title=Adam Sender Dresses Up Hedge Fund Rooms With Ruscha, Dan Flavin| author=Lindsay Pollock| date=July 1, 2010| publisher=Bloomberg| access-date=October 22, 2015}}</ref><ref>{{cite web| url=https://www.moma.org/interactives/exhibitions/2012/cindysherman/gallery/4/11-88.php| title=Untitled #88. 1981| publisher=Museum of Modern Art| access-date=October 22, 2015}}</ref> Portions of the collection were sold in auctions in 2006 and 2014.<ref>{{cite web| url=http://www.larryslist.com/artmarket/art-collector-interview/top-5-wall-street-collectors-of-contemporary-art/| title=Top 5 Wall Street Collectors of Contemporary Art| publisher=Larry's List| access-date=October 22, 2015}}</ref> He is a founding partner of the Parrish Trustees for the [Parrish Art Museum](/source/Parrish_Art_Museum).<ref>{{cite web| url=http://patch.com/new-york/southampton/parrish-art-museum-hosts-midsummer-party| title=Parrish Art Museum Hosts Midsummer Party| author=Matthew Margolis| date=July 10, 2011| publisher=Patch| access-date=October 22, 2015}}</ref><ref>{{cite web| url=https://www.bloomberg.com/news/articles/2011-07-11/scene-last-night-adam-sender-in-hamptons-michael-gordon-in-berkshires| title=Scene Last Night: Adam Sender in Hamptons, Michael Gordon| author=Amanda Gordon| date=July 11, 2011| publisher=Bloomberg| access-date=October 22, 2015}}</ref> Sender has served on the Business Committee of the [Metropolitan Museum of Art](/source/Metropolitan_Museum_of_Art).<ref>{{cite web| url=http://www.metmuseum.org/~/media/Files/About/Annual%20Reports/2013%202014/The%20Business%20Committee.pdf| title=Annual Reports| publisher=Met Museum| access-date=October 22, 2015}}</ref>

Sender's home and office served as displays for Sender's collection. Den (Villa D'Este) by [Elizabeth Peyton](/source/Elizabeth_Peyton) was featured in the entrance of the Exis office, and [Edward Ruscha's](/source/Edward_Ruscha) black and white painting "Let's Be Realistic" hung outside the trading room. Other pieces in the office included a [Kara Walker](/source/Kara_Walker) mural, a pink and green neon sculpture by [Dan Flavin](/source/Dan_Flavin), and "The Activists" by [John Currin](/source/John_Currin).<ref name=bloom/> In 2015, Sender joined the Board of Directors for the [Museum of Contemporary Art](/source/Museum_of_Contemporary_Art%2C_Los_Angeles).<ref>{{cite web|url=http://www.moca.org/about/board|title=Board}}</ref>

==="Home Alone"===
Part of the collection went on display at the [Art Basel](/source/Art_Basel) [Miami Beach](/source/Miami_Beach) event in 2011.<ref name=insider/><ref name=art>{{cite web| url=http://www.artinamericamagazine.com/news-features/news/adam-sender-sarah-aibel/| title=Open House: The Sender Collection Debuts in Miami| author=Carly Gaebe| date=November 29, 2011| publisher=Art in America| access-date=October 22, 2015}}</ref> The showing, "Home Alone," was in a home Sender owned in Miami. The art was presented in such a way as to suggest that a family's art collection took over their home.<ref name=insider/> Eighty-five pieces were featured in the display including [Richard Prince's](/source/Richard_Prince) "Spiritual America" and "Bumped," a photo by [Gilbert & George](/source/Gilbert_%26_George).<ref name="insider" /><ref name=art/> Twenty-five [Raymond Pettibon](/source/Raymond_Pettibon) prints overflowed from a bathroom. Eight [Sarah Lucas](/source/Sarah_Lucas) works took over the master bedroom. Other selections included new works by [Rashid Johnson](/source/Rashid_Johnson), a floor installation by Jim Lambrie, and vinyl wall text in the kitchen by [Lawrence Weiner](/source/Lawrence_Weiner).<ref name=art/>

==Philanthropy and political activity==
Sender has made financial contributions and donated artwork to museums.<ref name=nytimes/> He supports animal right donating to [P.E.T.A.](/source/P.E.T.A.)<ref>{{cite web| url=http://www.mediapeta.com/peta/pdf/USAnnualReview2010-72webonly.pdf| title=Annual Review| date=2010| publisher=PETA| access-date=October 22, 2015}}</ref> He has made donations to the [World Trade Center Memorial Foundation](/source/World_Trade_Center_Memorial_Foundation), and to the [9/11 memorial](/source/National_September_11_Memorial_%26_Museum).<ref>{{cite web| url=https://www.911memorial.org/sites/all/files/2011_Annual_cc_2.pdf| title=2011 Year End Update| publisher=9/11 Memorial| access-date=October 22, 2015}}</ref> Sender supported [Best Buddies](/source/Best_Buddies), an organization that promotes employment and leadership development for people with intellectual and developmental disabilities, in their Art and Friendship Auction in [Miami](/source/Miami) in December 2013.<ref>{{cite web| url=http://www.bestbuddies.org/press/news-releases/569-best-buddies-art-friendship-auction-raises-nearly-1-million| title=Best Buddies Art + Friendship Auction Raises Nearly $1 Million| date=December 4, 2013| publisher=Best Buddies| access-date=October 22, 2015| archive-url=https://web.archive.org/web/20140930020904/http://www.bestbuddies.org/press/news-releases/569-best-buddies-art-friendship-auction-raises-nearly-1-million| archive-date=September 30, 2014| url-status=dead| df=mdy-all}}</ref>

In the summer of 2016, Sender held a fundraiser for [Hillary Clinton](/source/Hillary_Clinton)'s [2016 presidential campaign](/source/Hillary_Clinton_presidential_campaign%2C_2016) at his home in [Sag Harbor, New York](/source/Sag_Harbor%2C_New_York).<ref name="asktheultrarichclinton">{{cite news|last1=Chozick|first1=Amy|last2=Martin|first2=Jonathan|title=Where Has Hillary Clinton Been? Ask the Ultrarich|url=https://www.nytimes.com/2016/09/04/us/politics/hillary-clinton-fundraising.html?_r=0|accessdate=September 5, 2016|work=The New York Times|date=September 3, 2016|quote=For a donation of $2,700, the children (under 16) of donors at an event last month at the Sag Harbor, N.Y., estate of the hedge fund magnate Adam Sender could ask Mrs. Clinton a question.}}</ref>

==References==
{{Reflist|30em}}

{{Authority control}}

{{DEFAULTSORT:Sender, Adam}}
Category:Living people
Category:Year of birth missing (living people)
Category:University of Michigan College of Literature, Science, and the Arts alumni
Category:People from Sag Harbor, New York
Category:American art collectors
Category:American hedge fund managers
Category:Philanthropists from New York (state)
Category:American stock traders

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Adapted from the Wikipedia article [Adam Sender](https://en.wikipedia.org/wiki/Adam_Sender) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Adam_Sender?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.