NEW ENTRIES FAIR FUND POWERED BY PROFESSIONAL TRUST COMPANY
The Professional Trust Company is a company made up of professionals specialising in legal and tax consulting, besides asset planning and management. We believe that all assets, regardless of their form or value, whether real estate, businesses, financial investments, art collections, items of jewellery and watches, boats or motor vehicles, need to be properly planned and managed, so that they may preserve their value over time and across generations.
Building on our artistic sensitivity, at the Professional Trust Company we can provide wealth planning services artworks, to households, collectors, art galleries and artists themselves, as well as a range of public and private institutions and organisations.
Our consulting activities are aimed at support our clients in the process for identifying the best legal vehicle for the ownership of artworks and collections, such as, for example, trusts, simple companies, foundations, associations and for-benefit companies, ensuring, inter alia, in a fully independent manner, the functions of trustee and/or guardian of the trust.
Therefore, the Professional Trust Company, in partnership with Artissima, has launched a project for supporting the participation of young emerging galleries in the trade show. This idea springs from the attention and sensitivity of Professional Trust Company and our management towards the world of art and, in particular, young gallery owners and artists looking to make their debut on the art market.
In particular, the fund has been designed based on the reflections and exchanges of opinion between the Chair of the board of directors of the Professional Trust Company, lawyer Tommaso Tisot, who is a great art lover and collector, and the Director of Artissima, Ilaria Bonacossa, who both share the desire to effectively support emerging art galleries: thanks to the fund, they will be able to take part in the show, which, we hope, may boost their international visibility, together with that of their artists. Such an opportunity may help diversify the art market and make room for research and experimentation, also enabling many struggling galleries and artists from countries where the art scene is still weak, to access an international showcase.
The fund has been established for a 3-year period to pursue this intent. Each year, the three most interesting New Entries, with regard to research and talent scouting, will receive a contribution of 4,000 euros each to finance their participation in Artissima.
This year, the selection committee in collaboration with Lucrezia Calabrò Visconti, curator of the New Entries 2018 section has shortlisted the following galleries:
- ADA-project, Roma
- This Is Not a White Cube, Luanda
- Brunson Projects, London.