14 February 2023 · Strategic Initiative

Board approves Cultural Investments & Art Advisory division

The Board of Directors of Kashmir Limited has formally approved the establishment of a new division: Cultural Investments & Art Advisory. The division will operate as a distinct vertical within the group’s portfolio, alongside publishing, media, and hospitality, with a mandate to build and manage a curated collection of contemporary art with a primary focus on Polish and European emerging artists.

The Board has established a comprehensive framework governing the division’s activities, including acquisition criteria, independent valuation requirements, and collection management policies. All acquisitions above a defined threshold will require Board approval, with independent appraisals commissioned at regular intervals to ensure transparent portfolio valuation.

The Cultural Investments division reflects Kashmir’s broader strategic vision of building a diversified European portfolio that combines financial returns with meaningful cultural contribution. The division will develop relationships with galleries, institutions, and artists across Poland and Europe, with a particular emphasis on identifying and supporting emerging talent in contemporary painting and sculpture.

The formalisation of this division represents a natural evolution from Kashmir’s initial art acquisitions in late 2022, and positions the group to pursue a more structured and ambitious approach to cultural investment in the years ahead.