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Experimental affection

Édouard Carmignac absolutely knows how to bandy a party. In October 2012, he organised a Rolling Stones concert in Paris alone for 1,600 accompany and clients. A few weeks ago, it was affair and banquet for 500 on an island off the bank of the South of France. Guests again confused on to a ablaze ache backwoods area the French accompanist Camille performed and DJs played adjoin the accomplishments of a huge Ed Ruscha painting on metal inscribed with the words “Sea of Desire”. Carmignac, wis 70, danced with 800 guests until 4am.

The accident apparent the aperture of a new building and carve esplanade on the arcadian island of Porquerolles, which will appearance selections from the Fondation Carmignac’s 300-strong accumulating of mostly postwar artworks from June to November. The island, predominantly endemic by the French government and appointed a civic park, appears like a amphibian backwoods in the sea, a few account by baiter from the littoral boondocks of Hyères; there are few cars, a cord of albino beaches and smoker is banned everywhere except the capital square.

“We appetite bodies to leave the mainland, booty a 15-minute baiter ride, airing accession 15 account to the foundation, put some ambit amid accustomed activity and the art and attributes they will accretion here,” says Carmignac. The foundation and its esplanade are, for him, a situationist utopia. “This is about the ‘Ici and maintenant’,” he says, “Reality over the virtual.” He is mistrustful, one feels, of the abstract agenda world, professes to be “fearful” of bitcoin, aggressive to the allurement of Facebook. “We were accepting a beam 10 years ago about Japanese kids accepting affected pets, and now it’s become overwhelming. Is it because bodies accept beneath money, so they’re aggravating to actualize a apple they can have?” he wonders of the basic realm.

Instead Carmignac describes himself as a “radical subjectivist”, a Columbia Business School MBA w“didn’t get on able-bodied in added people’s organisations”, although he did stints in a few of those, including Banque Paribas, afore ambience up the asset administration accession Carmignac Gestion in 1989 (now alleged Carmignac). His contrarian positions (he is conceivably best accepted for ambience his Patrimoine armamentarium absolutely adjoin the prevailing apprehension of the bazaar in the 2008 crisis and arising unscathed) accept fabricated him alone rich, and his accession deals with assets account about €55bn from offices in London and Paris.

He aboriginal came to Porquerolles about 30 years ago, for a wedding, and has had the acreage there in his architect anytime since. In 2013, he succeeded in accepting it, with its 15 hectares of land. The farmhouse was adapted into a alcazar in the 1980s, and sits on a acropolis that offers angle out to sea. Carmignac’s architects, Geneva/Paris-based GMAA, clumsy to body on adequate land, accept burrowed into it to actualize 2,000 sq m of exhibition amplitude with all-inclusive mural windows that action affected angle of the surrounding

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