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It was a very good year for the Hood Museum of Art. In 2014, the Dartmouth College institution received two major donations of artwork from alums. The college was already an art lovers' destination, offering such attractions as the stunning "The Epic of American Civilization" mural by José Clemente Orozco in the Baker Library. Exhibits included the likes of Picasso prints, aboriginal paintings, and the recently closed "Witness: Art and Civil Rights in the Sixties." The gifts of contemporary photography from Nancy and Tom O'Neil (class of '79) and of European and American art from the late Barbara J. and David G. Stahl (class of '47) add nearly 160 pieces to the Hood's permanent collection.

It's not every day — or year — that a college art museum can boast such acquisitions.

The Hood Museum of Art at Dartmouth received an anonymous $10 million donation. The gift, which will be put towards building the centerpiece of the two-year renovation and expansion project:  a new Museum Learning Center.

The renovation project, helmed by Tod Williams Billie Tsien Architects—designers of the American Folk Art Museum building and the new Barnes Foundation—is part of Dartmouth’s aim of beefing up its campus arts district. The expansion will increase the museum’s current 39,000-square-foot space by 15,000 square feet, giving it more room to show off the museum’s collection, which touts some 65,000 objects including paintings by Perugino, Pablo Picasso, Georgia O’Keeffe, and Rockwell Kent, along with a collection of Assyrian stone reliefs. The expansion will also add three classrooms for the use of digital technology.

Leon Black, a billionaire financier and chief executive of the private equity firm, Apollo Global Management, announced his acquisition of Phaidon Press, a publisher of fine art books. Black, who paid an undisclosed amount for the company, bought Phaidon from the British businessman, Richard Schlagman.

Phaidon is one of premier publishers of books on the visual arts along with Taschen and Assouline. The company has collaborated with such artists as Ai Wei Wei, Nan Goldin, and Stephen Shore and they publish everything from children books to cookbooks to collector’s editions that often come with signed prints or specially-commissioned pieces of art. On Phaidon’s site there is a statement from Black saying, “We having greatly admired Phaidon and the important contribution the company has made to art and culture. We are impressed with how Richard Schlagman has built the business and the Phaidon brand under his ownership over the last two decades. My family and I look forward to supporting the future of the company, including through the ongoing development of its publishing program, further geographic expansion, and the launch of digital products.”

Black, who is rumored to have paid $120 million for Edvard Munch’s The Scream earlier this year, is one of the country’s most prominent art collectors. In May, Black and his wife announced a $48 million contribution to the new visual arts center at Dartmouth College. An alumnus of the school, Black and his family also included a commissioned sculpture by Ellsworth Kelly in the gift.