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Phillips is used to coming in at the tail end of these auction series, with a smaller, shorter sale than Sotheby's or Christie's, and with a more contemporary, less postwar emphasis. The auctioneer's problem is to secure good examples by artists at reasonable estimates because, in most cases, the house is second or third port of call for sellers. Now in its plush, central location on London's Mayfair, with Sotheby's and the new, large Gagosian gallery-to-be just around the corner, it is also upgrading the staff. With former Christie's chief executive Ed Dolman at the helm, the latest signing is Matt Carey-Williams, a young man with a veteran's experience from Sotheby's, Gagosian, and White Cube, as deputy chairman, Europe and Asia, who was very much part of the action this evening.

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Phillips will inaugurate its new auction house and exhibition space in London’s Mayfair on October 6th with a group exhibition of contemporary sculpture, dreamt up by star curator Francesco Bonami. The exhibition will be on view during Frieze Week, alongside works to be offered at the Contemporary Art Evening and Day Auctions on October 15th and 16th.

“A Very Short History of Contemporary Sculpture” includes 33 works by internationally renowned artists, including Carl Andre, Bruce Nauman, Louise Bourgeois, Felix González-Torres, Matthew Barney, Damien Hirst, Donald Judd, Jeff Koons, and Ai Weiwei.

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London’s Mayfair is set to get another new addition come September. Former directors of Haunch of Venison Ben Tufnell and Matt Watkins announced on Monday that they will open Parafin gallery in September 2014. The gallery will be located at 18 Woodstock Street, just off of New Bond Street.

Tufnell and and Watkins are joined by Nicholas Rhodes in opening Parafin. Rhodes was formerly the director of gallery and publisher Master Piper and a director at Albion Gallery.

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Following Simon de Pury’s departure from the auction house Phillips de Pury & Co. on December 21, 2012, the company is in the midst of a number of changes. Upon de Pury’s exit after 12 years with the company, the auction house has reverted to its original name, Phillips, and has plans to develop its New York and London locations.

Phillips, which specializes in contemporary art, design, photography, and limited edition prints, will expand their salesrooms in order to compete with bigger auction houses such as Sotheby’s and Christie’s. In February 2013, 11,500 square-feet of offices and 10,000 square-feet of gallery space will be added to the company’s headquarters on Park Avenue in Manhattan.

Last year, Phillips purchased a 52,000 square-foot building in London’s Berkeley Square. The auction house plans to turn the seven-story structure into their London headquarters, which will resemble the company’s Manhattan office. Rumors have circulated that Phillips also purchased space in London’s Mayfair district, but officials have declined to comment.

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