Premier Art Finance Artemundi Group / 2019 Premier Art Finance Artemundi Group : 201 | Page 10

N ew York · Lon d on · Mexi co City · M a d rid TRACK RECORD ARTEMUNDI GLOBAL FUND (2010-2015) . The 2008 financial crisis and subsequent stock market volatility led many high-net worth individuals and institutional investors seeking stability and higher returns to turn to alternative investments, including real estate, private equity, venture capital and collectibles (the latter category encompassing art). Javier Lumbreras founded the Artemundi Group in 1989, personally aware of the advantages of art as an asset and spurred by the personal understanding of art collecting as a noble effort that enriches the lives of those who pursue it. In 2008 Lumbreras created Artemundi Global Fund (“AGF”), a closed-end fund that actively managed $221 million USD, with an average annual return of 17.07% or 85.36% net, paid at exit in 2015. Timeline 2008 Investment manager & Business Plan 2009 Fund incorporation & subscription documents 2010 Fund launch 2011 Fund reaches f irst $50 million USD 2012 Subscription period closed 2013 Portafolio Growth 2014 Fund realizes its highest return on sales at 19% per annum 2015 AFG- 1: Liquidation 10 www.artemundi.com