Artist Pension Trust

Description

• Artist Pension Trust® (APT) offers both long-term financial security and international exposure to select artists around the world based on a unique tailor-made financial model.APT has the largest global collection of contemporary art, comprising nearly 13,000 artworks from 2,000 select artists in 75 different countries. With additional commitments totaling 40,000 artworks, the collection is growing by more than 2,000 each year, as artworks are deposited by artists chosen by APTs distinguished international Curatorial Team. THE APT MODELThe artworks in the trust are gradually sold over the course of 20 years for the benefit of the APT artists, providing them with future financial security. The funds from the net proceeds of each artwork sold are distributed to the artists in the following manner: 72% are distributed to the artists in the trust, with 40% to the individual artist and 32% among the artists in that trust based on the number of artworks they have deposited. The remaining 28% are used to cover the operational costs of the trusts.APT started with eight regional trusts almost a decade ago and, following their success, has recently launched its first global trust, APT Global One, with a capacity of 628 artists. APT Global One was designed for optimal diversification to benefit artists all over the world.GLOBAL REACHAPT has representative offices in New York, Los Angeles, London, Leipzig, Mumbai, Hong Kong, Shanghai, Mexico City and Amman, in addition to Artist Relation Managers all around the world. In 2012, APT successfully accelerated expansion into Asia in partnership with Simon Murray & Company, a prestigious pan-Asian investment fund management firm with Asian business expertise accumulated over four decades.For more information visit us at: www.aptglobal.org
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  Headquarters:110 East 25th Street , New York, New York, United States

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  Phone Number: +1 212-871-1011

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  Website: https://www.aptglobal.org

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  Employees:38

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  Revenue:$10 - 50M

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  Legal Name:Artist Pension Trust

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• |  NAICS Code: 712110  |

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