The Art Investing Group, LLC Announces Private Equity Fund for Art
CLEARWATER, Fla.--(Business Wire)-- Formed May 1, 2008, The Art Investing Group, LLC, (AIG) a Delaware limited liability company (the "General Partner") and Art Investing Group, LLP (the "Investment Manager") announced a Private Equity Fund, which seeks to create long-term value by participating in opportunistic investments in iconic, museum quality fine art. AIG's private equity investments consist of limited partner interests in AIG's private equity funds. AIG makes its investments through its Global Art Investing Master Fund, Ltd., an exempted company incorporated with limited liability under the laws of the Cayman Islands on March 20, 2008. The investment professionals of the Investment Manager and its affiliates collectively represent over 150 years of corporate business management, market research, asset management and structured finance; and over 130 years of experience in the art industry. Furthermore, the Investment Manager works with major galleries, museums, private collectors and auction houses. The Partnership is uniquely qualified to assist Wealth Managers and Alternative Investment Advisors in helping their accredited investors integrate art assets into their portfolios for either U.S. or International clients; and offers flexibility through AIG's master-feeder structure. The Partnership seeks to provide investors (high net worth individuals, foundations, endowments and employee benefit plans) with a superior long-term, risk-adjusted return through strategically purchasing and selling paintings, works on paper, sculpture and photographs that demonstrate a high potential for increased future value. To obtain its investment objectives, the Investment Manager has developed an investment approach that seeks to combine the specialized knowledge of art experts with the rigors of investment management. The Partnership seeks to earn returns superior to the average reported returns of Mei-Moses All Art Index. The Partnership seeks to grant investors exposure to art as an asset investment class. The Investment Manager believes that the fine art market remains highly inefficient, creating an investment opportunity for out-performance through active management. This allows investors, through their interest in the Partnership, to own many artworks in diverse media and styles. Through its activities, the Investment Manager seeks to provide investors with: -- Positive long-term returns superior to the industry average -- Diversification benefits -- Downside risk protection Art Investing Group, LLC, Belleair Bluffs, Fla. Tom Webster, Investment Manager, 727-466-8976 Tom@art-invest-group.com Copyright Business Wire 2008
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