Tom de Freston, An Echo Chamber Waiting For Music, 2024
Buy the entire asset
Request to purchase the entire asset instead of just fractions.
Main reasons to invest
Return potentialđ: An investment of âŹ500 could reach an estimated value of âŹ1,234 in 4 years.
Cost-to-return ratioâď¸: After deducting 3.2% in annual total costs, your net return could reach 25.3%% per year.
Growing visibility: De Frestonâs upcoming shows in Cambridge and Abu Dhabi, paired with his partnership with Varvara Roza Galleries, are expected to significantly increase his visibility. This momentum supports stronger demand and reinforces the mediumâterm appreciation potential for large works from his new "Strange Bodies series".
Description
| Metric | Value |
|---|---|
| Investment Horizon | 2â4 Years |
| Expected CAGR (Balanced) | 25.3% p.a. after fees |
| Ambitious CAGR | 32.1% p.a. after fees |
| Entry Basis | ~48% vs. gallery prices |
| Sharpe Ratio | 0.85 (vs. SMI: 0.61) |
| Value at Risk (VaR) | 91.3% chance to exceed âŹ112,950 after 4 years |
| Standard Deviation | 31.0% |
| Risk Rating | B (7.2/10 - Moderate Risk) |
- 2 â 4 year horizon: Matches the appreciation cycles of emerging blueâchip contemporary artists entering major institutions.
- 25.3% CAGR (balanced): Based on a 50% probability of repeating the 19.7% CAGR seen from 2021â2025, combined with the substantial entry discount.
- 32.1% CAGR (optimistic): Supported by strong market momentum, institutional placements, and rapid international visibility.
- ~48% entry discount: Relative to the current gallery price of similar works.
- Sharpe ratio of 0.85: Strong riskâadjusted return relative to the 5âyear SMI benchmark of 0.61.
- 91.3% VaR threshold: High likelihood of exceeding âŹ112,950 within four years.
- Standard deviation (31.0%): Based on volatility of comparable contemporary mid-career artists.
- Risk rating âBâ: Upside supported by discount, momentum, and institutional validation.
Contemporary art has shown consistent longâterm appreciation driven by cultural relevance, growing global collector bases, and strong institutional demand. When an artist gains museum recognition and gallery representation at the upper tier, early works often experience accelerated value growth. Highâquality unique paintings by rising contemporary artists offer a blend of scarcity, narrative depth, and market momentum â especially when pricing sits below current gallery benchmarks.
Tom de Freston (born in 1983 in London) is a British visual artist based in Oxford, known for his immersive multimedia works that blend painting, film, and performance into cohesive narratives. His art explores the darker facets of human experience, juxtaposing figurative and abstract elements to create unsettling yet compelling compositions.He graduated from Cambridge University in 2007 and has since held several notable residencies and fellowships, including a Leverhulme Residency at the University of Cambridge and the inaugural Creative Fellowship at Birmingham University.
De Freston's painterly, literary, and stage projects are often collaborative and interdisciplinary, drawing on literary, art historical, personal, and social themes. His regular collaborators include his wife, writer Kiran Millwood Hargrave; filmmaker Mark Jones (Unmarked Films); writer and academic Professor Simon Palfrey; and academic Dr. Pablo de Orellana. Past collaborative projects include âDemons Landâ, âOrpheus and Eurydiceâ, and âScavengersâ.
In collaboration with his wife, de Freston has co-authored award-winning children's books, including âJulia and the Sharkâ (2021). His debut non-fiction work, âWreckâ (2022), blended memoir, fiction, and art history, offering a personal exploration of ThĂŠodore GĂŠricault's âThe Raft of the Medusaâ.
A significant event in de Freston's career occurred when his studio was destroyed by fire in 2018, resulting in the loss of twelve years of work. This tragedy inspired the creation of a critically acclaimed series of large-scale paintings, "I Saw This" as well as the book âWreckâ, and a documentary exploring trauma and collaboration.
In 2024, de Freston began a new series of works following his acclaimed narrative non-fiction book, âStrange Bodiesâ, a lyrical blend memoir, art criticism, and studio reflections. The book traces artistic dialogues with figures such as Francis Bacon, JadĂŠ Fadojutimi, and, most notably, Titian, whose poetic paintings serve as a central inspiration for this new body of work. This series is currently on view in a solo exhibition at Varvara Roza Galleries in London (Nov 30-Dec 20) and was recently featured in an article published by The Guardian on November 26, 2025.
De Freston's work is included in major museums and institutions such as the Arts Council of Great Britain, The Whitworth, National Portrait Gallery, The Contemporary Art Society, Holburne Museum, Royal Academy of Arts Collection, Barbican Centre Museum London, and Moco Museum London. His work has also been featured in numerous key galleries and museums over the years.
Selected Solo Shows:
⢠Upcoming
A solo show at Iyad Qanazea Gallery (under discussion), Abou Dhabi, UAE, March-April 2026
A solo exhibition at the Museum of Classical Archaeology, Cambridge, UK, FebruaryâMay 2026
⢠2025
âPoĂÄsisâ, Varvara Roza Galleries, London, UK â solo show â Current (Nov 30-Dec 20)
⢠2024
His paintings were shown as part of the museumâs permanent collection, The Whitworth, Manchester, UK
⢠2023
âSmall Worldsâ, No20 Arts Gallery, London, UK â solo show
âAfter Beforeâ, No20 Arts Gallery , London, UK â group show
⢠2022
âFrom Darknessâ, No20 Arts Gallery, London, UK â solo show
⢠2018
âOrpheus and Eurydiceâ, Lush Life (headquarters), London, UK â collaborative project
âDemons Landâ, Arts Council England â Old Fire Station, Oxford, UK â multimedia collaboration
⢠2017
âDemons Landâ, Stowe National Trust, Buckingham, UK â multimedia collaboration
âDemons Landâ, Ashmolean Museum, Oxford, UK â multimedia collaboration
⢠2016
Commissioned Project by Battersea Arts Centre, London, UK â permanent installation
âOrpheus and Eurydiceâ, Ugly Duck - 47/49 Tanner Street, London, UK â multimedia collaboration
⢠2014
âOrpheus and the Minotaurâ, Bresse Little Gallery, London, UK â solo show
⢠2013
âThe Charnel Houseâ, Bresse Little Gallery, London, UK â solo show
âPaintings After Shakespeareâ, The Globe Theatre, London, UK â solo show
⢠2012
âScavengersâ, Tsubouchi Memorial Theatre Museum, Tokyo, Japan â solo show
âOn Theatreâ, Bresse Little Gallery, London, UK â solo show
âShakespeare Paintingsâ, Pallant House Gallery, Chichester, UK â solo show
The painting An Echo Chamber Waiting For Music, which we are offering, belongs to a new body of work, âStrange Bodiesâ, that explores love, grief, mythology, and the shifting boundary between personal and archetypal experience. For more than sixteen years, de Freston has painted his wife, the award-winning novelist Kiran Millwood Hargrave, in various literary and mythological incarnationsâOphelia, Lady Macbeth, Eurydice. These portraits often form part of the coupleâs rich multimedia collaborations across books, films, graphic novels, and immersive performances.
This new series emerged from a deeply personal journey. After Millwood Hargraveâs pregnancy loss in 2020 and six subsequent miscarriages, the couple welcomed their daughter in 2023. These works, both mythic and intimate, are elegies and odes to the grief of losing a child, the resilience of love, and the wonder of parenthood. Rendered in an exquisite, dreamlike palette, the paintings evoke bodies and minds in transition â pregnant, abstracted, dissolving into surfaces and re-emerging from hidden underworlds.
De Freston stages his figures within shifting spacesâarchitectural grids, natural landscapes, and intimate interiors â where they hover between visibility and disappearance. Shadows, footprints, and outstretched hands interrupt the scenes, evoking the presence of both artist and viewer while exploring the dynamics of distance and empathy. These spaces are psychological hinterlands, inviting viewers into sacred realms that remain just beyond reach. Born from a journey through loss and grief, they ultimately speak to hope and wonder. These paintings were not originally intended to be exhibited but were instead a means for the artist to process his own grief.
An Echo Chamber Waiting For Music offers a rare opportunity to invest in a unique, largeâscale work from a rapidly ascending contemporary artist. With strong institutional backing, upcoming museum shows, and a substantial entry discount, the painting presents attractive mediumâterm appreciation potential and a favourable riskâadjusted profile.
Expert

M&A Arts represents the leading edge in art and finance, spearheaded by Asher Edelman, the renowned investor and art collector. With an unparalleled experience and extensive relationships in the art world, M&A Arts offers deep knowledge and expertise in the financial aspects of the art market.




