Uncorrelated Minds
Art-Secured Loans: A Unique Gateway to Private Credit with Alan Snyder (Ep. 19)
Have you ever considered fine art as collateral for private credit investments?
The high-end art market attracts ultra-high-net-worth clients from around the world with art-secured lending becoming a globally valued asset class. For private credit investors, it can be a great diversifier for their portfolios.
In this episode, Kevin Kaylakie speaks with Alan Snyder, the Founder and Managing Partner at Shinnecock Partners, and the Founder of artLending.com. Together, they walk you through the process of securing private credit using art as a collateral — from the viewpoint of both buyers and lenders.
Alan discusses:
- ”04:38” The benefits of art-secured financing
- ”13:41” The comprehensive due diligence process involved in art-secured private lending
- ”19:15” How investors can mitigate risks involved in using art as collateral
- ”30:01” The applications of blockchain and NFTs in the world of fine art
- And more
Resources:
- “NFTs – Caveat Emptor” by Alan Snyder
- Christie’s
- Sotheby’s
- Phillips
- Bonhams
- Manager Due Diligence Questions And Information Requests To Consider
- Masterworks
Connect With Alan Snyder:
Connect With SineCera Capital:
- Email: Kevin Kaylakie
- Email: Connee Sullivan
- Email: Adam Packer
- Contact SineCera Capital
- (512) 980-4600
- SineCera Capital
- LinkedIn: Kevin Kaylakie
- LinkedIn: Connee Sullivan
- LinkedIn: Adam Packer
About Our Guest:
Alan Snyder is the founder and managing partner of Shinnecock Partners. Alan was the founder, CEO, president, and chairman of the Board of Answer Financial Inc. and Insurance Answer Center, CEO of Aurora National Life Assurance, president/COO of First Executive Corporation and executive vice president and board member at Dean Witter Financial Services Group (predecessor to Morgan Stanley), where he formulated the launch of the Discover Card as a member of a three-person team. He is also the former chairman, president and board member of the Western Los Angeles Boy Scout Council. Alan is a graduate of Georgetown University and Harvard Business School, where he was a Baker Scholar.