Bloomberg’s Katya Kazakina reports that Christie’s Haunch of Venison will close its New York space at the end of its current exhibition, “How to Tell the Future from the Past,” in March. Its London site—the Yard—will be converted into a permanent sales and exhibition space for Christie’s. Haunch of Venison will also no longer represent artists.

“The proposal is for Haunch of Venison to evolve into Christie’s private sales,” said Emilio Steinberger, the gallery’s senior international director. “Private sales at Christie’s have been growing exponentially and the decision was made [that] that’s where the focus should be.”

Christie’s recognized that the decision would “affect a number of employees at Haunch of Venison, as well as some artists represented by the gallery.”