Fuhrman Family Office, LionTree Invest in Art Market Newsletter

Glenn Fuhrman’s family office, Virtru Investment Partners, and LionTree Partners acquired a minority stake in the Baer Faxt, an art industry newsletter.

Josh Baer, an art dealer and adviser who started the publication in 1994 by sending news out by fax, declined to discuss terms, but described the investment as “significant.” A mix of personnel and market items, the newsletter costs $300 a year and counts billionaire collectors and mega-dealers among subscribers.