Dell Investment buys Photos
Valued at $100 million, Michael Dell’s private investment firm recently purchased a collection of vintage photographs. Containing nearly 200,000 original press prints of images, New York-based MSD Capital LP officials did not release the amount paid for the Magnum Archive Collection. The firm called MSD Capital LP, manages over $10 billion of Dell’s personal holdings.
This firm, with Michael Dell as its only client, Dell is the founder and CEO of Round Rock-based Dell Inc. It is in no way connected with Dell Inc. The 1930s vintage prints have been collected for years and include images of Gandhi, Marilyn Monroe, Pablo Picasso and Frank Sinatra. A humanities research library and museum at The University of Texas, is where this collection of images will be held and catalogued during the next five years.
Where these photos will be taken after these fives years is at this time unknown. Magnum Photos Inc. operates offices in New York, London, Paris and Tokyo and some of the photos can be found at that site.
