The Palm Beach Hedge Fund Association Announces a Strategic Partnership

with Masterworks.io

Palm Beach, FL, August 21, 2020 --(PR.com)-- The Palm Beach Hedge Fund Association is pleased to
announce a strategic partnership with Masterworks.io.

Masterworks.io is an exclusive community of fine art investors, opening up a new asset class that makes
it possible to invest in blue-chip art for a fraction of the normal price.

Blue-chip art has outperformed public equities for the last 20 years, but there has been no way to invest
unless you have millions to buy a painting.

Since launching in 2017, Masterworks has launched dozens of investment opportunities for their
community from artists like Monet, to Jean-Michele Basquiat, Andy Warhol and Banksy (who have
generated historical annual returns of 10-25%).

Some of the benefits of the asset class:

Opportunity: Art is one of the oldest (Sotheby’s was the oldest company on the NYSE until recently) and
largest asset classes in the world. Deloitte estimates that there is $1.7T in total wealth held in art, growing
to $2.6T by 2026.

Diversification: Investing in art provides diversification into an uncorrelated asset. Citibank published a
major study in December 2019 and concluded that art has the lowest correlation to public equities (a
correlation factor of just 0.13) of any of the ten major asset classes.

Performance: Blue-chip art has outperformed the S&P by 180% between 2000 and 2019 according to
industry benchmark Artprice.

PBHFA Founder David Goodboy commented,

“The PBHFA is always on the lookout for unique investment opportunities for our membership of
ultra-high net worth investors, family offices, endowments and institutions. We are thrilled to partner
with Masterworks.io. Masterworks.io offers an incredibly niche opportunity for investors to own shares
of the world’s finest artwork. As you probably know, fine art has been a robust source of alpha over the
last decade. Masterworks.io empowers investors to capture profits from this burgeoning upward trend.”

How Masterworks.io Works:

Masterworks has a database of auction sales prices dating back 50 years that its research and acquisitions
team uses to identify top 100 artists that have accelerating market returns.

Once they have identified an artist and artwork, they aim to purchase that piece at auction or through a

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private sale.

The artwork is registered with the SEC through a Regulation A offering. The offering is then opened to
investors on its platform, regardless of accreditation status.

Masterworks can then sell the painting and each investor shares in their proportionate share of any profit
or loss.

Masterworks also developed a Secondary Market so investors can get liquidity for their investment before
the painting is sold.

About Masterworks.io*:

Masterworks makes investing in art easy. From start to finish, the Masterworks website and user
experience is intuitive and simple. The company has taken an illiquid and antiquated asset class and have
given it a much needed 21st century facelift.

About The Palm Beach Hedge Fund Association:

The Palm Beach Hedge Fund Association is a South Florida trade organization with global reach. The
membership is primarily domiciled in Florida, but hail from Eastern Europe, Ireland, England, Germany,
South America, The Caribbean, Africa and the rest of the United States. Our members consist of active
hedge fund managers/ professionals, ultra-high net worth investors, family offices, financial traders,
investment bankers, academics, financial institutions, FOF's, foundations, allocators, as well as the best of
the best of service providers including third-party marketers, data providers, prime brokers,
administrators, auditors, lawyers, risk managers, and fintech firms. Since launching in the autumn of 2013
with an original core of five members, the association has exponentially grown to over 1600 members
consisting of the who's who of Florida finance. We have become the voice and go to source for the South
Florida financial community in this short time.

Contact Information:
PBHFA.org
Genevieve Anderson
212.729.0837
Contact via Email www.pbhfa.org

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Contact Information:
PBHFA.org
Genevieve Anderson
212.729.0837
Contact via Email
www.pbhfa.org

Online Version of Press Release:

You can read the online version of this press release at: https://www.pr.com/press-release/819471

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