In 1988, he taught a course called "Corporate Raiding - The Art of War" at New York's Columbia University, and then moved to Lausanne. In 1996, he acquired shares in the Societe du Louvre, a group with holdings in Taittinger champagne, Hotel de Crillon, Baccarat crystal, and the restaurant Le Grand Vefour. Returning to USA, he became a fulltime private art dealer in the Upper East Side of Manhattan.
Asher Edelman shared a brief business partnership with Heidi Neuhoff at the Neuhoff Edelman Gallery (located at 41 East 57th Street, Fuller Building) from May 2007-January 2008.
In May 2008 he opened his own gallery, Edelman Arts, in a four-story brownstone on East 63rd Street in Manhattan. Edelman Arts represents the work of Christopher Winter, Cathy McClure, Dennis Oppenheim, Thorsten Brinkman and Yasmine Chatila.