WORLD

Lado Darakhvelidze (DAI, 2010) invited to the Dubai APT (the Artist Pension Trust)

Media Dog Painting (2011) by Lado Darakhvelidze
| tag: Dubai

"Could the concept – a mutual fund in which artists invest in their own future – take off? Yet it has, and the APT now operates eight trusts in 60 countries. Some 1,100 artists have deposited 4,500 pieces, with a total value of about $50m (£30m)" :

Read more about this "for profit (for the artist) organization" at : 

http://www.aptglobal.org/home.asp

http://www.guardian.co.uk/money/2009/sep/19/artists-pensions

Read more about Arnhem based artist Lado Darakhvelidze at :

http://www.aptglobal.org/view/artist.asp?ID=7983