The launch of Dean Art Investments, a new hedge fund that will invest in the fine art market, has been announced by London-based Harbour Capital Partners hedge fund platform. 

The fund is expected to launch with $50 million: investments in individual works of art are expected to be in the £500,000 ($875,000) to £3 million range.

Dean Art is an open-ended Jersey  incorporated cell company, a structure that enables individual investors to choose to be part of the general fund or to have their own distinct portfolios. The fund will also accept artworks as investment on an agreed valuation basis. Individual artworks owned by the fund can be leased to shareholders, institutions, corporations and individuals through a separate leasing company.