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Private company

Artist Pension Trust

Logo: Artist Pension Trust, Public domain, via Wikimedia Commons3

Pension plan for artists

The Artist Pension Trust (APT), which merged into the MutualArt Group in 2016, is an investment vehicle specializing in contemporary art, which aims to provide financial security and international exposure to selected artists chosen by its international curatorial team. It has the largest global collection of contemporary art, comprising 10,000 artworks from 2,000 artists in 75 countries, and growing by more than 2,000 each year. As of November 2013, a total of 40,000 artworks had been committed to APT by 2,000 artists.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

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The Artist Pension Trust (APT), which merged into the MutualArt Group in 2016, is an investment vehicle specializing in contemporary art, which aims to provide financial security and international exposure to selected artists chosen by its international curatorial team. It has the largest global collection of contemporary art, comprising 10,000 artworks from 2,000 artists in 75 countries, and growing by more than 2,000 each year. As of November 2013, a total of 40,000 artworks had been committed to APT by 2,000 artists. APT claimed its then value to be more than $US100 million.2

The story

In 2004, a company named MutualArt launched the Artist Pension Trust as the first pension program for visual contemporary artists. It was founded by businessman Moti Shniberg, Hebrew University business professor Dan Galai, and David A. Ross, former director of the Whitney Museum and the San Francisco Museum of Modern Art. APT started with eight regional trusts and subsequently launched a global trust, APT Global One, with a total of 628 artists.

After the first year, Artist Pension Trust owned the collection of approximately 65 artworks created by artists in the New York branch, including Jules de Balincourt, William Cordova, Anthony Goicolea, and Aida Ruilova.

From Wikipedia’s article on MutualArt Group, shared under CC BY-SA 4.0.4

Sources

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