UBS announced today that the firm will assume the new role of Global Lead Partner of Art Basel, reaffirming its long and substantial record of engagement in contemporary art. This new partnership is in recognition of Art Basel's expansion into Hong Kong, and is a continuation of UBS's proud history with Art Basel, having served as the main sponsor of the original show in Switzerland in 1994, followed by the inaugural Art Basel show in Miami Beach in 2002. UBS is home to one of the world’s most distinguished corporate art collections. It also serves as an active partner in global contemporary art projects and is a source of information and insight for investors and collectors through its UBS Arts Forum. “We share a passion with our clients for contemporary art, and today, more than ever, our clients want to participate in this fast-growing and dynamic field,” said Jason Chandler, Head of the Wealth Management Advisor Group, UBS Wealth Management Americas. “Through our global partnership with Art Basel, we are uniquely positioned to help clients explore and collect by providing them with access to the world’s most respected galleries and artists.” UBS’s role this year in Miami Beach enlivens past traditions with new elements. For the past six years during Art Basel in Miami Beach, UBS has featured works of art from its extensive art collection in the UBS Lounge. This year, UBS will showcase a larger number of works including 11 diverse pieces by Latin American artists from the UBS Art Collection. Curated by Jacqueline Lewis, Director and Regional Curator of the Americas for the UBS Art Collection, this special presentation complements the launch of the Latin American phase of the Guggenheim UBS MAP Global Art Initiative. Artists include Argentinean-born artist Santiago Cucullu, Venezuelan artist Arturo Herrera, the Cuban collective Los Carpinteros, Chilean artist Alfredo Jaar, Costa Rican artist Federico Herrero, Colombian artist Oscar Munoz, Mexican artist Gabriel Orozco, and Brazilian artists Rivane Neuenschwander and Rocha Pitta. Following the presentation in the UBS lounge at Art Basel, a number of works will be on view in local UBS branches in Miami.