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Sotheby’s continues to build aggressively on its strength in the Impressionist and Modern market announcing today Matisse’s "Odalisque au fauteuil noir," estimated at between £9 and 12m, for its London sale of Impressionist and Modern art. Helena Newman, Sotheby’s Co-Head, Impressionist & Modern Art Worldwide, said, “This exquisitely colored painting is one of the finest of the artist’s celebrated ‘Odalisque’ paintings to come to the market.”

An exquisite portrait depicting Princess Nézy-Hamidé Chawkat, the great granddaughter of the last Sultan of Turkey, "Odalisque au fauteuil noir" (dated 1942 and estimated at £9-12m) is one of Henri Matisse’s finest paintings from his famed ‘Odalisque’ series, his depictions of the notorious concubine figure, with which he created one of the most recognizable emblems of eroticism in Modern art.

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The Los Angeles County Museum of Art (LACMA) acquired ten artworks during the institution’s 29th annual Collectors Committee fundraiser, which began on Friday, April 25 and continued through the weekend. The new additions to the museum’s robust permanent collection include an autograph reduction of Jean-Auguste Dominique Ingres’ celebrated “Odalisque,” a print by Pablo Picasso from 1952, and an 18th-century painting of the Virgin of Guadalupe by the important Mexican painter Antonio de Torres. LACMA also acquired contemporary works by Roni Horn, Feng Mengbo, and Mitra Tabrizian.

LACMA’s Collectors Committee Weekend is one of the museum’s most significant fundraising events of the year. Throughout its 29-year history, the event has facilitated 202 acquisitions through donations totaling more than $32 million. Funds for this year’s acquisitions were raised by Collectors Committee membership dues, with additional funds provided by individual members. Another $800,000 was raised by a live auction.

For the sixth consecutive year, LACMA’s Collectors Committee Weekend was led by museum trustee Ann Colgin. Colgin said, “Collectors Committee Weekend is a celebration of LACMA’s timeless artworks, and I am delighted that these new acquisitions will further strengthen the museum’s collection.”

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