The Fine Art Fund Group is a leading art investment house with assets of approximately $100m under management and a track record IRR of 24.51% p.a. on sold assets*. The Group also represents some leading banks in their art advisory relationship, FAIR (Fine Art Investment & Research).
The Group was founded in 2001 by Philip Hoffman, to develop and manage investment vehicles that invest in fine art, and offers a rare opportunity to invest in art with the added benefits of diverse professional expertise. The Fine Art Fund was the first fund of its type to invest in art as a worldwide asset class, and continues to be the only one to do so on this scale.
The objectives of the funds are:
- To capitalise on its art market expertise
- Build long-term capital growth for Investors
- Provide diversification to a client's investment portfolio
Enjoyment of the art itself is not compromised, as Investors are given the opportunity to borrow works of art held by The Group.
The Group's team consists of 35 art and financial professionals with representatives in London, New York, Lugano, Athens and Dubai.
*Track record on all sold assets from The Fine Art Fund, The Fine Art Fund II, The Middle Eastern Fine Art Fund and The Fine Art Fund III as at 30th June 2011
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