It’s not often that you can be part of something that is truly transcending. I’m blessed to be part of an amazing organization that continues to hit milestone after milestone. Last week we announced the launch of a landmark transaction - a first of its kind securitization backed by art-secured loans. Intersection of Art + Finance at its finest. The highlights were many including a AAA rating + strong demand from the investor community on the heals of an exhausting roadshow. Looking forward to the partnership with our new funding partners. We appreciate your support. Thank you to all our existing bank partners (Barclays,BNP Paribas, Morgan Stanley , MUFG, Nomura, Crédit Agricole CIB,DZ BANK AG, ING, and East West Bank)who have had a big role in Sotheby’s Financial growth and success. Thank you MayerBrown and Paul Weiss. Thank you to the entire Sotheby's family and the team at Ancient Thank you to Scott Milleisen and our amazing team at Sothebys Financial - your dedication and commitment is unparalleled. Building our business together step by step has been fun. Of course a special thank you to Maureen Farley who is so instrumental to so much within our business including our capital markets success. TYH! To the collecting community, please reach out to our team and learn how we can unlock the power of your passion
Congratulations, Ron, to you and your entire team!
Eric Rapp
2mo
Congratulations on the highly rated securitization! This is a big step for an exciting asset class.
Nina Austin
2mo
Watched this one going off! Congrats on such a huge success!
Michael Traube
2mo
Great Job Ron!
Justin McEvily
2mo
Awesome Ron!
Anthony Firenzi
2mo
Congrats Ron Elimelekh ! 👏🏽
Sarah Savella
2mo
Congratulations to you and your team, Ron!
Jeremy Tsui
2mo
Congrats Ron!
David R Nunez
2mo
Congrats Ron, Maureen and team for this major milestone!
Founder & CEO at Elevest Capital | Private Equity Fund Manager & Real Estate Investor
2moCongratulations on achieving such a groundbreaking milestone! Launching a securitization backed by art-secured loans is truly pioneering work, showcasing the intersection of art and finance in an unprecedented way. The AAA rating and strong investor demand are a testament to the strength and innovation of your team's efforts. It's fantastic to see the partnership with new funding partners taking shape, and your appreciation for existing bank partners and legal counsel reflects the collaborative spirit driving Sotheby's Financial forward. Here's to continued success and unlocking the power of passion within the collecting community! 🎉