Swedish fund hotel AIFM Group is expanding its alternative fund portfolio with an art investment fund through a collaboration with Arte Collectum. Arte Collectum I, managed by AIFM’s subsidiary AIFM Capital, is the first art investment fund in Sweden that is registered in Euroclear and traded on the stock exchange.
“In the past year, AIFM has worked hard to develop an ever-growing portfolio of alternatives,” says Jared Fein of AIFM Group. “Especially in turbulent times, it is interesting to work with unique alternative investment fund products that make alternative asset classes more accessible,” he emphasizes. “Traditionally, alternative investments have involved private equity, private debt, and real estate investments,” says Dan Hjörnered, Founding Partner at AIFM Group. “Being able to offer this type of exposure adds a new dimension to the market.”
“Traditionally, alternative investments have involved private equity, private debt, and real estate investments. Being able to offer this type of exposure adds a new dimension to the market.”
Arte Collectum I’s investment strategy involves acquiring, owning and managing various types of works of art expected to appreciate in value in the coming years. The fund relies on a global mandate to build and manage a portfolio of the finest works of art, focusing on artists active in the center of the art world: Europe, the United States, the United Kingdom, and Hong Kong.
The investment decisions are made by a three-member Investment Committee with extensive experience in the global art market. The Investment Committee, consisting of Lars Nittve, Deborah Gunn and Niklas Belenius, has so far purchased art for a total of €2 billion. To highlight art, build provenance and drive value appreciation, the Investment Committee and the Arte Collectum team will work to ensure that the fund’s works of art are showcased in prestigious museum exhibitions around the world, and published in magazines and books. Arte Collectum has its own compliance function and review committee, with its main tasks involving complying with regulations, minimizing conflicts of interest and ensuring the authenticity and provenance of works of art.
