How to Invest in the Arts
Without Buying a Picasso
A man bids on a work of art at Christie’s New York in 2006. Courtesy of Spencer Platt/Getty Images.
Upstart Co-Lab founding partner Laura Callanan had breakfast with a colleague — a very nice guy who has helped build the social, or “impact,” investing sector. She shared ideas about how to connect impact investing with the arts.
To him, investing in the arts meant buying a Picasso or a Van Gogh, collecting art objects. He agreed there was a market for fine art. But impact investing in the arts? He was dead against it.
To find out what made him change his mind, read this article.
Published in: GIA Reader, Vol 28, No 1 (Winter 2017)
|
“Artists are starting social purpose businesses |
