Among the elegant evening's auction lots were luxury excursions, fine art and a diamond bracelet that became the lively paddle round's most coveted piece.
Perhaps due to the convergence of multiple biennials and general market recalibration, buyers this year seem more attuned to artists with institutional profiles, strong CVs and already established names.
"It’s a family business, and we’re proud that the second generation has been able to improve things while still being supported by the first," Guilherme de Assis tells Observer.