art collection cultural relics banks, art collection cultural relics lease, art collection cultural relics Fund
"In the past we are investment companies, business transformation begin to discuss the end of 2008. 2008 was a turning point, the Chinese economy to a critical point, basically to the cultural development of the critical point." Terry Wang Kai Art Foundation Director of Operations, told reporters on the publication .
At that time in front of them there are three choices: art collection cultural relics banks, art collection cultural relics lease, art collection cultural relics Fund.
"Finally, we have chosen art collection cultural relics funds because the financial crisis in 2008. All assets to be bargain-hunting in the financial crisis, compared to the real estate and securities, art collection cultural relics assets are significantly undervalued, and art collection cultural relics Bank and the art collection cultural relics need to absorb a large collection of lease, when many companies are cutting back spending, if we are too expansion, is moving trend. "
In comparison, art collection cultural relics fund investors only. "Investors can see that the financial crisis is an opportunity, so in the context of such a market, is not difficult to find suitable investors."
In 2009, Terry Art Fund in the form of limited partnership initiated the establishment of the first art collection cultural relics private equity funds: red coral one, attracted a total of 17 investors, raise capital 10 million yuan . This year in July, Red Coral II and was officially established. A total of two funds to raise capital 25 million yuan,
Both funds are still closed today on, you can not see the final rate of return, but Wang Kai prediction of not less than 15%.
If the fund is to catch up on the Hai Tairui Art of the financial crisis of the ship, opened in July 2010 German-American Arts Beijing Kerry is riding on a ride of inflation.
