17.11.2021  •  Editorial NEWS

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A house call with Loretta Würtenberger and Daniel Tümpel at Schwante Castle in Brandenburg – Wolfgang STAHR c/o NERGER M&O photographs the cover story for SALON magazine

Two former investment bankers are financing dealers extraordinary works of modern art with private capital. Instead of interest, they receive profit shares from the dealers. An unusual business concept that is quite successful : The art dealer receives a tempting offer, but there is no money for a quick purchase – and the bank is not playing along.

To prevent the dream from becoming a nightmare, the Berlin-based company Fine Art Partners offers financing services. The company is owned by the couple Loretta Würtenberger (38) and Daniel Tümpel (39), both of whom are numbers people with a great passion for art, according to Handelsblatt.

They give art dealers money, and the artwork serves as security. Instead of interest, they receive profit shares from the dealers. The amount of the share is negotiable – and certainly, the quicker the artwork is sold, the better for the art dealer. If it takes longer, the share received by Fine Art Partners increases slowly but surely.

Wolfgang STAHR c/o NERGER M&O photographed a house call with Loretta Würtenberger and Daniel Tümpel in Schwante Castle in Brandenburg for SALON magazine.

GoSee : fineartpartners.comgosee.news/nergermao/reps/wolfgang-stahrnergermao.com

 
Featuring: GoSee ART
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