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. Innovative art funds are also offering investors an opportunity to buy high-end art along with a complete art service solution. Our experts 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 Harvard, Madelaine specialized in Museums under the guidance of Phillippe de Montebello, the Director Emeritus of the Metropolitan Museum of Art. In addition to founding Arthena, Madelaine is committed to fostering cross-industry collaboration by using her extensive experience as a strategic advisor for several art and technology ventures. She is a committee member of the American Alliance of Museums, American Association of Appraisers, and International Council of Museums.
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.