Billionaire money manager Steven A. Cohen is selling a dense, vibrant 1961 Jean Dubuffet painting valued at $25 million, according to a person familiar with the matter.

Christie’s said it will offer Dubuffet’s “Paris Polka” at a special evening auction, “Looking Forward to the Past,” on May 11. The estimate exceeds the late French artist’s auction record of $7.4 million set in November. Cohen, 58, is the seller, said the person, who asked not to be named because the information is private.