A rarely seen Picasso masterpiece donated anonymously to the University of Sydney has sold for £13.5 million (A$20.6 million).
The portrait of the artist’s lover, Marie-Therese Walter Jeune fille endormie was given to the University in 2010 by a US donor under the condition that it be sold and the proceeds donated to scientific research.
The University fulfilled its condition in a London auction on Tuesday, and raised the second highest amount on the night.