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  • 2 years ago
Ayal Brenner on Artist Pension Trust's first distribution

Ayal Brenner on Artist Pension Trust's first distribution

In this week’s edition of the ArtTactic Podcast, we’re here with Ayal Brenner, founding member and director of Artist Pension Trust, to discuss the trust’s first distribution since its establishment in 2004. First, Ayal explains the concept of Artist Pension Trust as a risk diversification tool to provide more secure income to artists. Then, Ayal identifies some of the most prominent artists who participate in Artist Pension Trust, including Rashid Johnson, Ivan Navarro and three former Turner Prize winners. Also, he reveals the strategy and process regarding selling artworks from the trust and how the money generated from these sales is distributed to the artists. Lastly, Ayal discusses why this financial structure is so appealing to artists and what kind of artists are benefitting the most from this.