Benevolent Collector
Outlook Business|January 19, 2018

ASSET RECONSTRUCTION COMPANY’S VINAYAK BAHUGUNA IS AN ART CONNOISSEUR ON A MISSION TO MAKE THE PURSUIT ACCESSIBLE FOR ALL

V Keshavdev
Benevolent Collector

Distressed investing is hardly a space that sparks inspiration, especially the artistic kind. But Vinayak Bahuguna, MD at Asset Reconstruction Company (India), knows a thing or two about valuing art as well. The 56-year-old candidly admits that two decades ago, art was an abstract subject to him. The turning point was when during the course of an official visit to Dhaka in 2000, Bahuguna visited a local art gallery to “kill time”. He ended up buying a 3x3 painting by a local artist for around #10,000. “It was a painting that depicted a silhouette of a boat and a man. It gave me a sense of peace, which I had never experienced before,” recalls the father of two, who has since made it a point to visit local galleries whenever he’s travelling.

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