Art finance

Art marketcomment

Choose your unicorn: why angel investors are ploughing millions into art startups

Tech-led art businesses are starting to attract venture capitalist funding, with the NFT platform MakersPlace recently gaining $30m investment

Hedge fund manager Alexander Klabin buys stake in Sotheby's financing arm

Now the chairman of Sotheby's Financial Services, Klabin was previously approached to back a competing offer to block last year's buyout of the auction house by Patrick Drahi

Art marketcomment

We need to talk about guarantees. And art loans

Dealers who finance deals by taking out loans against art may well find themselves in difficulty because of the Covid-19 pandemic

Art marketcomment

Piece by piece: the issues with fractional ownership of art

Billed as the next big thing, schemes to sell shares in works of art have yet to excite the market

Funding Secure goes into administration after borrowers including London art dealer fail to pay back loans

Matthew Green owes the firm around £3m, according to legal documents filed by the peer-to-peer lender

Another shake-up in art finance sector as Athena sold for $170m

New owner, digital investment platform YieldStreet, calls art finance an "exciting and sound new investment option" with low correlation to the stock market

The Fine Art Group buys Falcon Fine Art as art finance industry consolidates

Terms and cost of the Falcon buy have not been revealed but deal includes the "purchase of over 10 loans” with borrowers in the EU, Australia and the US