Bonhams Under New Ownership, Top Executives Replaced
London-based investment firm Pemberton Asset Management acquired the auction house for an undisclosed amount.

London-based investment firm Pemberton Asset Management acquired the auction house for an undisclosed amount from Epiris, the private equity firm that acquired Bonhams in 2018.
Epiris had considered selling Bonhams in 2023 for around $1 billion and approached JPMorgan Chase & Co. to advise on the deal, but it fell through.
During Epiris’ ownership, Bonhams scooped up smaller auction houses in Europe and the United States, including Bukowskis, Skinner, Rasmussen, and Cornette de Saint Cyr.
“Bonhams has achieved significant growth and sustained profitability over recent years, and we thank our former owners Epiris for their role during this time,” said Hans-Kristian Hoejsgaard, chairman of the board at Bonhams.
“Despite a challenging market, Bonhams’ resilient performance relative to the wider sector has been supported by investments in technology, the expansion of our global footprint, and being strategically positioned in the premium auction space and a leader in the mid-market.”
Hoejsgaard also announced a new leadership team.
Bonhams’ new executives have experience in venture capital, private equity, the automotive sector, operations, and law, a departure from the usual choice of individuals with luxury sector backgrounds.
Seth Johnson is the new CEO, succeeding former Global CEO Chabi Nouri. She joined Bonhams last year and previously was Piaget’s CEO.
Johnson was formerly the CEO of IPGL, a London-based venture capital and private equity firm, as per his LinkedIn profile.
Liese Thomas is Bonhams’ new chief financial officer. She was the former CFO of McLaren Automotive, as per her LinkedIn profile.
Jennifer Babington is the new chief operating officer. She previously served as operations director and general counsel of the Envision Virgin Racing Formula E Team, as per her LinkedIn profile.
Alex Lejeune, Bonhams’s former CFO and COO, will stay on during the transition period, as per ArtNews.
Céline Assimon, the former De Beers executive who joined Bonhams in June, has left her position as the auction house’s as chief commercial officer, a Bonhams spokesperson confirmed.
The new leadership team has a track record of success, said Hoejsgaard, and has experience in serving high-value customers and guiding companies through periods of change.
“The partnership with Pemberton and [the] new leadership team strengthens our market position and supports our long-term growth ambitions,” he said.
The Latest

One is the driver who allegedly crashed a car into a Sacramento jewelry store in April, striking a 71-year-old employee who later died.

In a new column, Peter Smith posits that people actually enjoy putting together IKEA furniture, and the same is true for engagement rings.

9lakha Jewelers in Iselin, New Jersey, was the target of a smash-and-grab robbery on Aug. 8.

Retailers are seeking new ways to attract customers, increase traffic, and create revenue – Estate buying events are a popular solution.

The jeweler has partnered with Jenner’s 818 Tequila brand to gift lab-grown diamond studs to a bride-to-be and their bridal party.


The exhibition will feature more than 100 drawings of stained-glass lampshades, windows, and more, many created by women and émigrés.

Marquise-cut diamonds in drop charms are the center of the new collection, reflecting the movement of a dancer in modular styles.

Colored gemstones, artisan finishes, mixed metals, and meaningful details are shaping demand in bridal jewelry.

The inaugural Fort Lauderdale Jewelry, Antique, & Object Show will be held from Jan. 28 through Feb. 1, 2027.

The family-owned jeweler will open a new showroom in Bel Air, Maryland, this fall.

Amanda Ileana Hernandez is married to Carlos Hernandez, one of two men in prison for the 2024 murder of Michigan jeweler Hussein Murray.

The reimagined jewel, our Piece of the Week, trades the diamonds in the original 1998 design for blue, pink, yellow, and green sapphires.

Sponsored by American Gem Trade Association

In the United States, second-quarter sales were flat amid soft consumer sentiment and lower in-store traffic.

Lucara Diamond Corp., which recovered the “Motswedi” diamond from the Karowe mine, sold the stone for an undisclosed amount.

The expanded collections now feature hand-cut gemstones like topaz, tanzanite, chrysoprase, chalcedony, smoky quartz, and fire opal.

The lab-grown diamond jewelry brand’s newest boutique is in Westfield Valley Fair in Santa Clara, California.

The gemstone supplier and manufacturer acquired the remarkable 104-gram Zambian emerald at Gemfields’ auction in May.

Two suspects offered to trade the woman a “winning” lottery ticket for her jewelry.

Finsch has been in business rescue since May, and owner Petra Diamonds said it sees no viable path forward for the mine.

Michel Patrick DeSalles was sentenced after pleading guilty to the 2017 murder of Omid Gholian, who owned a jewelry store in Manhattan.

Longtime industry executive Beth Miller has taken on the role.

Jamie Cygielman will take on the role on Aug. 24.

Moore, Polly’s husband, is remembered as a family man with an easygoing spirit and a love for sports and the outdoors.

Duvall O’Steen and Jen Cullen Williams share the best ways to display, present, and explain colored gemstones to younger customers.

The mid-year conference for jewelry and watch appraisers will take place Sept. 5-6 on Zoom.

Honest Hands Ring Co. Founder Benjamin Bosworth shared his thoughts on jewelry technology and why AI can never replace the human element.
























