Deloitte’s bi-annual Art & Finance Report describes emerging trends in the art and finance industry, spotlighting the growing importance of impact investing in the arts and culture sector.

The 2023 edition features Upstart Co-Lab, U.S. impact funds we’ve identified as having strong exposure to the creative industries (Colorado Enterprise Fund, Community Investment Management, SoGal Ventures), the Local Initiatives Support Corporation (LISC) NYC Inclusive Creative Economy Fund, which Upstart co-created, and global funds highlighted in Upstart’s Creativity, Culture, and Capital essay series including Annan Capital Partners, HEVA Fund, Purpose, and WIC Capital.

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Hyperallergic: It’s Time for US Museums to Divest From Immoral Industries

American Alliance of Museums: Museums Discover Impact Investing

ImpactAlpha: Impact investments are beginning to show up in the endowments of U.S. art museums

Philanthropy News Digest: Cultural Capital: The state of museums and their investing

TheNonProfitTimes: Museums Late To Impact Investing Party

Fin News: Museums With Long Road To Reach Impact Investment Adoption Of E&Fs: Survey

artnet: Just a Third of Museums Are Investing Their Endowments in Socially Responsible Ways, a Study Found. Here’s How They Can Do Better

The New York Times: How Museums Invest

Barron’s: Most Museums Don’t Put Their Money Where Their Values Are

Worth Magazine: Museum Boards And Donors Need To Examine Where Endowments Are Invested

Americans for the Arts: How America’s Arts Organizations Can Invest Their Values

The Art Newspaper: How museums can ethically invest their money

American Alliance of Museums: Investing for Values and Mission

The Art Newspaper: ethical investment options should come easy

Financial Times: Museums should lead in socially responsible investing

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