Griffin Art Partners lending platform launches
Aude Lemogne and Aymeric Thuault founders and directors of Link Management, a Luxembourg based art advisory, have launched a new art lending platform in partnership with Swiss bank Reyl Group. Griffin Art Partners plans to provide bespoke finance solutions for high-end collectors and art professionals through securitisation of non-recourse loans …
Falcon Fine Art Complete deal in Belgium
Falcon Fine Art has completed a deal with a collector in Belgium. The Belgian collector chose to leverage artworks that were already in storage, between exhibitions, demonstrating the role art financing can play in monetizing an asset that, without a sale, would otherwise provide little short-term value. The deal leverages …
Falcon Fine Art appoints Sharon Grob to manage business development
Luxury asset expert Sharon Grob has joined Falcon Fine Art as business development manager and will be tasked with the further growth of the company. She will be involved in leveraging relationships with family offices, private banks and wealth managers to encourage the use of art financing. Grob will also …
“There is no limit on our lending capability” – Unbolted
Unbolted is a new asset lending company that is providing quick and easy solutions to suit the borrower’s needs. Boasting low guarantee rates and a strong online presence it looks set to stake its claim in this market. Private Art Investor spoke to the team at Unbolted to get an …
To buy, or not to buy – and what are the questions? Falcon Fine Art at Masterpiece 2015
The art market panel held by Falcon Fine Art at Masterpiece 2015 discussed what questions and considerations collectors must address when buying artworks Masterpiece 2015 once again opened its doors in the grounds of the Chelsea Royal Hospital, hosting over 34,000 visitors looking to buy art (or perhaps just looking). …
Sotheby’s increases its lending power to attract customers
As it feels pressure to increase its profits, Sotheby’s has dramatically increased the amount it can borrow in order to offer credit to clients. GE Capital, Corporate Finance is serving as administrative and collateral agent on $1.335 billion in senior credit facilities for Sotheby’s. The new facilities include a $485 …
Find art finance: Art lenders and financiers
If you are looking to borrow against art you own, there have never been so many options. The following institutions all specialize in art lending and could help finance your collection. Actif-Art French art leasing company. Offers leases of between 13 months and 48 months. ArtAssure Founded by Asher Edelman, …
Asher Edelman: “Art as branding”
What do you do with an architecturally bland building? Dress it up with art. Trying to sell vacant condos? Dress them up with art. One World Trade doesn’t impress the critics? Dress the lobby with famous art. This is perhaps the guidance that Asher Edelman, founder of Artemus – the …
Thomas González: Why selling art does not make sense
Art was seen as an exotic investment in the past. Art is something we cannot measure like a stock or gold. The artistic value of a Warhol is not measurable with numbers. Now if we take a look at the numbers of the auction results of the past two years …
Right Capital: changing the way people see art lending
As anyone who has offended their friends by playing matchmaker knows, it’s not always easy to find the right people for a partnership. Too often it can go horribly wrong. But it is what Right Capital specialises at when people need art finance. Launched in 2012, Right Capital act as …