Speaker(s): Madelaine D'Angelo, Terence Doran, Annelien Bruins
Lending Against Art and Other Investment Trends of the Art World
As the finance industry moves towards viewing art as an asset, more collectors are looking to monetise their art and invest it in other interests.
Lending against an art collection allows for collectors to gain collateral without selling their works. Art lending is the process of borrowing money against the value of an art collection. It is a popular way to access cash without having to sell the art, and it can be a useful tool for art collectors who need to raise funds for other purposes. The amount that can be borrowed against an art collection will depend on its value, and lenders will usually require collateral in the form of other assets.
Lenders are typically willing to offer loans against art collections at a lower interest rate than traditional loans, making this an attractive option for borrowers. In addition, lenders often allow borrowers to use the loan proceeds to purchase additional works of art, further increasing the value of the collection. As a result, lending against an art collection is a great way to grow your investment while still enjoying the beauty of the artwork. Art lending can be a convenient way to access cash, but it is important to remember that the art collection is being used as collateral for the loan and could be at risk if the loan is not repaid.
Innovative art funds are also offering investors an opportunity to buy high-end art along with a complete art service solution. Art funds are a type of investment that allows art lovers and investors to pool their resources in order to purchase artworks. By investing in an art fund, you can gain exposure to a diversified portfolio of artworks without having to buy each piece individually.
Panel Discussion: Madelaine D'Angelo and Annelien Bruins
Madelaine D'Angelo, founder of Arthena; Terence Doran, a Principal and the Head of Global Development at Art Capital Group; and Annelien Bruins, an independent Chief Marketing Officer, discuss the trends and advise on the financial benefits of this tangible asset.
Please take note that this session took place live during the 1AN Symposium at Art New York.
A specialist in the intersection of fine art and technology, data analysis of the global art market, and collector behavior, Madelaine founded Arthena to bridge the gap between art advisors and the next generation of great collectors. Her expertise is honed from a multitude of art institutions such as the Peggy Guggenheim Collection, the Museum of Fine Arts in Boston, and the Smithsonian. At...
Terence Doran is a Principal and the Head of Global Development at Art Capital Group. He has spent over a decade working in art finance with roles ranging from capital raising, to underwriting, and finally to his current position. Prior to ACG, he worked at Morgan Stanley and JP Morgan within their Fixed income divisions with a focus on debt structuring and sales.
Annelien Bruins serves as an independent Chief Marketing Officer to companies in the art, luxury and wealth management industries. She is a board member of the Foundation of the American Institute of Conservation.
Prior to her current focus on marketing strategy, she founded and ran her own art advisory firm in London, founded Katapult Coaching for Artists, an online business that...