BAAM chairman and wife are sharing their art with the world

The world soon will have a glimpse into the extensive artwork collection of J. Tomilson Hill and his wife, Janine.

The Hill Art Foundation will open to the public on Jan. 28 with an exhibition of 21 paintings by Christopher Wool, one of Mr. Hill's favorite artists.

Mr. Hill, chairman of Blackstone Alternative Asset Management, New York, said he is "so excited" about the opening of the foundation's spacious gallery, which occupies two floors at 24th Street and 10th Avenue in New York's Chelsea neighborhood on the site of a former gas station.

One of the best features of the gallery's location in a new tower designed by architect Peter Marino is that pedestrians can look down into the 6,400 square-foot space from New York's famous High Line trail, Mr. Hill said.

In addition to curating revolving exhibitions, the Hill Art Foundation also has a keen focus on art history and sponsors an after-school educational program for high school students, said Sarah Needham, the foundation's executive director.

The asset size of the Hill Art Foundation could not be learned.

BAAM managed $80 billion in customized hedge fund-of-funds portfolios and other alternative investment strategies as of Sept. 30.