The Fine Art Group (TFAG) has acquired Falcon Fine Art, the art-lending subsidiary of the Falcon Group. The Fine Art Group Falcon Fine Art, an art-secured lending division of the specialist financier Falcon Group, has been bought by The Fine Art Group. TFAG’s portfolio includes a number of fine art and design companies, including the Tate Modern, Sotheby’s, Christie’s and MoMA. The art financing sector has seen a surge in entrants over the past few years, and this deal may herald consolidation within the industry.
The Fine Art Group (TFAG) has acquired Falcon Fine Art, the art-lending subsidiary of the Falcon Group. TFAG’s portfolio includes a number of fine art and design companies, including the Tate Modern, Sotheby’s, Christie’s and MoMA. The art financing sector has seen a surge in entrants over the past few years, and this deal may herald consolidation within the industry.