Share Tweet Share Share Email Art has long been a symbol of culture, creativity, and prestige. From Renaissance masterpieces to contemporary installations, high-value art pieces have often been exclusive to the wealthy elite. However, the landscape is evolving, thanks to the concept of fractional ownership. This innovative model
Upstart Co-Lab raised $15 million in a mix of mission and program-related investments and recoverable grants from 14 investors. Investors include the Andy Warhol Foundation for the Visual Arts, the Ford, Marguerite Casey and Skoll foundations, the Souls Grown Deep Foundation, the Toledo Museum of Art, and Halloran Trust. The fundraise represents a first close
Ethnic Shan dancers perform before a cinema billboard by artist Navin Rawanchaikul celebrating Chiang Rai’s diversity. (Photo: Brian Mertens) Thailand’s vast architectural and cultural heritage is more than just a source of enjoyment and public pride. It is probably the nation’s most important resource besides its people. And heritage empowers the people. It supports social and
Fossil Free Books, launched by literary industry professionals, said Baillie Gifford invests in companies “linked to the Israeli military” and Israeli settlements in the occupied West Bank, as well as a number of major fossil fuel companies. The company is a large investor in several multinational technology companies, such as Amazon, Nvidia and Meta, which
Now is the time to “invest, and invest big” in radical millennium-style arts and culture projects across the UK, an economist has urged ahead of the Labour government’s first budget on Wednesday. The chancellor, Rachel Reeves, needs to urgently fund projects that “make lives livable” to help rebuild deprived parts of the country, said Andy
Four foot dissected companion, by Brooklyn-based artist KAWS. Photo from Maddox Gallery Young professionals are embracing a diversifying art world, which could mean a continued boom for contemporary and ultra-contemporary works ‘A painting is not a picture of an experience, but is the experience’. Mark Rothko’s famous sentiment is increasingly being echoed by investors who
The art market is nearing a critical inflection point, according to a new 2024 survey of global collecting from Art Basel and UBS. Rich people are getting richer, but art represents a lower percentage of their net worth than in years past; meanwhile, a core group of dedicated collectors report that they plan to attend
Hedge fund managers seek an edge with diversified strategies. © insta_photos/stock.adobe.com Hedge funds are one of several types of alternative investments available to high-net-worth individuals and institutions. Hedge fund managers can invest in many different types of markets, including stocks, bonds, and commodities, but they also employ complex strategies such as taking long and short
03 Apr 2024 The Portuguese government has recently given the green light to a new law with the goal of boosting private investment in the country’s cultural scene. The law introduces two important programs: a Cultural “Golden Visa” and a Fund for the Acquisition of Works of Art for National Museums and Palaces. Cultural “Golden
Six community arts projects are celebrating after successfully winning funding for exciting initiatives in Exeter. The winning groups will deliver projects that create pride of place and opportunities for participation around the city. The projects, ranging from an ‘animation academy’ run by Yellow Mouse Studios, to new winter activities at Exeter Seedbank, will share £35,000