The institutions will jointly acquire the painting, with plans to send the work back and forth between the U.S. and U.K. Joshua Reynolds's Portrait of Omai on the move at Tate Britain. Photo: Matthew ...

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News flashed around the British press and social media early Friday morning of an unusually clever fundraising gambit: the joint acquisition by London’s National Portrait Gallery and Los Angeles’ J.

Joshua Reynolds’s “Portrait of Mai (Omai)” is considered one of Britain’s most important early portraits of a person of color. In an innovative arrangement, it will travel between London and Los ...