Karsten Schubert is a German born contemporary art curator and gallerist who had a key role in promoting the first wave of Young British Artists. His first London Gallery opened in Dering Street close to the established art centre of Cork Street in 1987. Schubert represented Rachel Whiteread and Gary Hume and sold a number of their works to Charles Saatchi deciding him to support other artists from his generation. Schubert though made a critical error in not signing up the young Damien Hirst. After the slow down of the art market in the early 1990s Schubert's financial backers pulled out and Schubert was forced to move away from Cork Street. A number of his more profitable artists moved to other dealers making his financial situtation worse but he made a deal with the established gallery Waddington's that allowed him to continue operating. In 1996 his debts had reached the point that he wound up his own gallery. Young British Artists is the name given to a collective of conceptual artists based in the United Kingdom. ... Whiteread at work Rachel Whiteread (born 1963) is a British artist, best known for her sculptures, which typically take the form of casts. ... Gary Hume (born 1962) is a British artist. ... Charles Saatchi, born June 10, 1943, is the co-founder of advertising agencies Saatchi and Saatchi and M&C Saatchi. ...