Credit Suisse "Art & Entrepreneurship" Exhibition Unveiled in New York

The Credit Suisse international “Art & Entrepreneurship” exhibition will be on display at the Chelsea Art Museum from June 23 to 29. The exhibition features a new generation of 19 successful artists from around the globe and contains unique pieces of art, all based on the theme of entrepreneurship; a spirit which has fuelled important breakthroughs in science, business and culture.

“The Art & Entrepreneurship tour unites Credit Suisse’s entrepreneurial spirit, its long-standing tradition to innovate and its commitment to the arts. It has been fascinating to witness the number of parallels that exist between a new generation of artists and entrepreneurs, such as the ability to recognise potential or the irrepressible drive to see a vision realized,” said Walter B. Kielholz, Chairman of the Board of Directors.

Throughout the exhibition, Credit Suisse showcases more than 40 works of 19 artists* from 16 countries, who were tasked with translating the fundamentals of entrepreneurship into works of art. Participating artists focused on five core values of entrepreneurship, based on a Credit Suisse client survey: - Vision, Knowledge, Network, Family and Social Responsibility - to influence their pieces. The results, which range from video installations to sculpture, mixed media art projects, oil paintings, watercolours and photography, highlight the risks and rewards of today’s contemporary art undertakings, and the confluence of art and entrepreneurship on a global scale.

New York is the second major city to house the exhibition. The tour began in Dubai as part of Art Dubai in mid-March. After New York, the exhibition will move on to Berlin, Moscow, Geneva and London. The exhibited pieces have been exclusively created for this tour and form an inspiring environment. Credit Suisse is especially proud to continue with exhibitions in several reputable museums and galleries, including not only the Chelsea Art Museum (New York), but also the Phillips de Pury Auction House (London) and the ewerk (Berlin).**

During the exhibition tour, art enthusiasts are invited to place silent bids on their favorite pieces. On November 24, 2008, the tour will conclude in London with the auctioning of the featured artworks at the renowned Phillips de Pury & Company. The silent bids will be recognized at this auction. Fifty percent of the proceeds will go to the artists; the other half will be donated to “Room to Read,” a non-profit charitable organization that provides access to education in developing countries.