Enrique Liberman publishes White Paper for The Art Fund Association on the use of prior performance records by art fund managers
Enrique Liberman authored a white paper for The Art Fund Association, February 2016 Issue, entitled “Preventing Past Performance from Impeding Future Results: A Primer on the Use of Prior Performance Records by Art Fund Managers.” The article provided a comprehensive overview of the permissible and lawful means by which Art Fund Managers can cite their prior performance results to prospective investors of their art funds.
Topics discussed included:
- Overview of regulatory framework governing the disclosure and use of prior performance records by art fund managers.
- Limitations on the use of such performance records.
- Tips for properly calculating and disclosing a prior performance record.
- Suggestions for complying with securities laws when seeking to use prior performance records in marketing a new art fund.
Enrique Liberman chairs the firm’s Art Law + Art Funds practice and is a recognized authority on matters relating to art law and art investments. The firm also benefits from Enrique’s unparalleled expertise in the structuring and operation of “passion funds” and Enrique is one of the world’s foremost authorities on the formation and governance of art investment funds. Read the full article here
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