An art collection requires the same strategic planning as other financial investments. With the right advice it can become an effective working asset. We act for financial institutions lending against works of art. We are equipped to advise on the entire lending process, including due diligence, documenting the loan and securing it against the art, perfecting the security needed, managing the collateral and developing exit strategies.
We also assist private collectors to free up liquidity in their private collections so as to help finance expansion of their business, diversify their investment portfolio or acquire additional works of art. Working closely with selected banks, specialist art lenders and auction houses we can obtain and structure loans offered by them on behalf of clients.
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We mitigate the risks of art lending further by co-ordinating with Fine Art Wealth Management to conduct the necessary art due diligence. It provides lenders with the use of an independent and objective assessment of the authenticity, provenance, condition and market value of the art used as collateral to complete the transaction and manage the loan by instructing trusted art experts. Please consult their website at www.fineartwealthmgt.com.
Our team has pioneered the development of art finance products both in England and the US for clients in many jurisdictions.
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Pierre Valentin
DD: +44 (0)20 7597 6285
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David Dannreuther
DD: +44 (0)20 7597 6075
Alan S. Jacobs
DD: +1 212 848 9864