Borro, the specialist asset lender, has closed a £67 million ($112 million) loan with Victory Park Capital, a middle-market asset management firm. “This new lending line represents the confidence the market has in our business, and in Victory Park Capital… Read More ›
UBS came top in the art and collectibles advisory category in the 2014 Euromoney Private Bank Awards. Euromoney only added this category to its awards last year and this is the second year it has won. JPMorgan was second. 2014… Read More ›
Borro, the specialist art asset lender, has launched a new sale advance loan programme where it will lend cash against art due to be sold. The firm will lend against assets – provided it holds them – and offer a… Read More ›
Art finance is worth considering if you need to unlock capital to grow your collection or need cash for other reasons. Many private banks are prepared to offer the service in exceptional circumstances but the following all specialize in art… Read More ›
Borro, the specialist asset lender, has lent £50 million ($75 million) since launching in 2008. Most of this lending is secured by art. The lender, which takes custody of any assets until loans are fully re-paid, will lend up to… Read More ›
Helge Achenbach and Dr Stefan Horsthemke are leaving Berenberg Art Advice as Berenberg moves art advisory back into the bank. It has also cancelled its planned art fund. “The significance of art as an asset category will continue to increase…. Read More ›
