According to an Art and Finance report published last year by Deloitte and ArtTactic, in 2017 only the US art secured lending market estimated to be worth between $17bn and $20bn, which represented 13,3% growth from 2016. Emerging art financing techniques provide short term liquidity that previously was unavailable. This makes art investment much more attractive and evident to more people. Established in 2014, Artemus is one of the leading art secured financing providers, established in New York City, but offering services globally. ArtLaw.club had a conversation with Mr. Asher Edelman, founder and CEO of Art Assure and Artemus, about the financing processes and current standing of the global art market.
Feb 26th, 20190 comments