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Provider: Reuters Investment Profile

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Compagnia della Ruota SpA Signs Agreement for Establishment of Investment Vehicle in Art Works with Partner

Monday, 8 Jul 2013 10:07am EDT 

Compagnia della Ruota SpA announced that it has signed an agreement for the establishment of an investment vehicle for art works from the period between the XIV and XX Century by mainly European artists. The vehicle, to be opened to investors, will be established by October 31, 2013 and would be operational as of January 1, 2014. It aims to achieve a Global Asset Value of EUR 10 million. The management of the vehicle will be taken care of by the project's partner and the Company will be responsible for the establishment of the vehicle and of back office and finance activities. 

Company Quote

-0.0285 -3.46%
10 Jul 2014