Agendaseni Fund I

Updated 1 November 2024

 

Executive Summary

 

The Agendaseni Fund I presents a unique and first-to-market compelling investment opportunity in Indonesian art, a truly unique alternative asset class. Operating within the dynamic and expanding Indonesian art market which is the largest in Southeast Asia, Agendaseni Fund I is the first true investment product leveraging on Art Agenda’s deep and unparalleled expertise in 20th and 21st century Asian art, particularly Indonesian post-war, modern and contemporary art.

This instrument is specifically structured for investors seeking diversification through alternative assets, providing access to a curated portfolio of post-war, modern, and contemporary artworks by prominent Indonesian artists. Denominated in Indonesian rupiah, the fund aims to capitalize on the cultural richness and investment potential of Indonesia's visual art scene, which is richly grounded in the domestic market but also possesses sizable international footprint.

 

Fund Overview

 

The Agendaseni Fund I is open for both individual and institutional investors with a collective capital target of IDR 300 billion (close to USD 20 million) over the coming twelve months. Our strategy focuses on strategically acquiring and meticulously managing high-calibre, blue-chip artworks that are poised for appreciation, based on their intrinsic value and also the increasingly positive outlook for the country sector in the international artworld.

 

Investment Thesis

 

The Indonesian art market has garnered substantial attention in recent years, driven by increased domestic and international interest in its rich cultural landscape. Investments in post-war and contemporary art not only provide intrinsic aesthetic value but also offer exciting appreciation potential, influenced by positive, upbeat and social, political and economic narratives tied to Indonesia’s position as the world’s fourth most populous country with a growing middle class underpinning its status as the world’s sixth largest country economy.

 

Fund Objectives

 

Agendaseni Fund I is dedicated to leveraging deep market expertise and unparalleled access to private collections and key blue-chip modern and contemporary artists to build a diversified portfolio that encapsulates the following objectives:

 

  • Capital Appreciation: Targeting established blue-chip artists alongside emerging talent to optimize long-term growth prospects.
  • Income Generation: Identifying opportunities for generating revenue through the strategic leasing of select artworks within our collection.
  • Cultural Impact: Elevating the global presence of Indonesian art while contributing to the preservation of its cultural heritage.

 

Investment Strategy

 

Our disciplined approach to investment will include:

  1. Curated Acquisitions: The fund will focus on acquiring between 120-140 carefully selected artworks annually that meet rigorous standards for quality and provenance, as well as excellent condition and investment viability.
  2. Market Analysis: Continuous market research and trend assessment will guide our acquisition strategy, ensuring timely and informed investments.
  3. Risk Mitigation: A diversified portfolio will span a range of artists, styles, and periods to manage risk and enhance overall returns.

 

Target Investor Profile

 

Agendaseni Fund I is designed for a broad spectrum of investors, from seasoned art collectors to novices entering the art investment space. Whether you seek to diversify your investment portfolio or explore the art market for the first time, our expertise and resources will facilitate a seamless investment experience.

 

Fund Structure

 

  • Target Capital Raise: USD 20 million
  • Investment Horizon: 36-60 months, with expectations of meaningful returns at the conclusion of the term
  • Minimum Investment: IDR 5 billion per investment block
  • Management Fee: 0.5% per investment block
  • Performance Fee: 30-40% of profit, dependent on a proprietary set of performance indicators.

 

Projected Returns

 

Although past performance does not guarantee future results, historical and anecdotal analyses suggest that investments in art have previously generated substantial returns, regardless of the seismic global and Asia-specific events such SARS epidemic in 2003, the global financial in 2008 and the Covid-19 pandemic in 2020-21. With expert management and a strategic investment framework, we anticipate an annualized return of 10-15% during the investment horizon.

 

Conclusion

 

The Agendaseni Fund I encapsulates a unique opportunity for discerning investors to participate in one of the most promising thriving country-sector of the global art market, merging artistic passion with the potential for substantial financial returns. We invite you to embark on this investment journey with us, as we seek to uncover extraordinary artworks that resonate culturally and economically.

 

For additional information, including a full prospectus and to discuss your investment in Agendaseni Fund I, please contact us at info@artagendasea.org

 

Disclaimer

 

This document is intended for informational purposes only and does not constitute an offer or solicitation to buy or sell securities. Prospective investors are advised to perform their own due diligence and consult with their financial advisor prior to making any investment decisions.