Zurich, 10 September 2019 – The Fine Art Group today announced it is expanding its services with the launch of an office in Zurich which opens on Tuesday 10th September 2019. Following The Fine Art Group’s acquisition of Falcon Group’s art-secured loan book in January 2019 this latest expansion marks The Fine Art Group’s commitment to servicing art collectors and art investors in Europe and will see the company bringing international art and art finance advisory expertise to collectors in the DACH region, where it has a growing client base.
According to the 2019 UBS Art Market Report, DACH countries make up the third largest art market share in Europe. From its new base in Zurich, The Fine Art Group will give regional clients greater access to the international art market and provide services across its three core pillars: art advisory, art finance and art investment.
Headquartered in London’s Mayfair The Fine Art Group’s clients already benefit from a globally-based team of 60 art and financial experts in-house, who combine international and local insight to offer strong collection management expertise. From its Zurich office, The Fine Art Group will offer independent art expertise to clients and partners including banks, law firms and wealth managers.
To lead the new office, The Group has hired Jonathan Levy as Head of DACH Region. Levy brings a strong local network and over 20 years of art expertise, half of which has been in the DACH region. Levy established and ran a successful art department at a Switzerland-based single family office and has also held senior positions in Zurich and London at AXA Art, Simon Lee Gallery and Christie’s Post-war & Contemporary Art department.
Philip Hoffman, Founder and CEO, The Fine Art Group said: “Launching an office in Zurich was the natural progression for The Fine Art Group and will enable us to best service our growing client base in Switzerland, Germany and Austria. Jonathan Levy combines significant art historical, art market and business expertise and both international and local insight. The company has known him for many years and he is the perfect candidate to develop our new Zurich office.’
Jonathan Levy, Head of DACH Region at The Fine Art Group, said: “I am thrilled to join The Fine Art Group, whose fantastic track record speaks for itself. I have followed the company since it first launched and admire its combination of deep art market knowledge with professional financial services. This unique pairing of expertise and knowledge within The Fine Art Group fills an important gap in the traditional DACH market at a time characterized by a generational shift in the transfer of wealth and changing attitudes towards ownership and art collecting.”