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Arts and culture

Triodos Bank has pioneered arts and culture finance for many years. It promotes a sector that it believes is best served by diversifying its finances, incorporating a spread of grants, charity, subsidies and commercial finance. Triodos Investment Management manages the Netherlands-based Triodos Cultuurfonds, which is designed to help deliver this transformation to a more resilient sector.

The fund was launched in 2006 and invests in cultural projects that aim to improve and preserve arts and culture.

By the end of the year, the fund’s total net assets had decreased by 5.0% to EUR 97 million (2013: EUR 103 million).

2.6 million people visited theatres and museums, and 2,144 artists took advantage of affordable arts space financed by Triodos Cultuurfonds in 2014.

Case Study

In 2014, Triodos Cultuurfonds further diversified its portfolio mix. In line with the existing risk-return profile, the fund provided a number of loans to cultural institutions with a slightly higher risk profile and prospects of corresponding higher returns. These loans can contribute to a higher return for the fund and are also very beneficial for stimulating entrepreneurship in the cultural sector. A good example is the Metaal Kathedraal. This former church is now being used as cultural venue where cultural activities, such as festivals, concerts and presentations, are being organized and artist can rent affordable workspaces.


Triodos Cultuurfonds is seeking investments in projects that have diversified revenues and commercial entertainment companies, whilst still continuing to provide investment for theatres, museums, and artist-collectives. Adding new types of cultural institutions to its portfolio should result in stronger returns from the fund.

Triodos Cultuurfonds should remain attractive to investors in 2015, impacting directly on the healthy development of the Dutch cultural sector. The volume of the fund’s assets under management is expected to grow slightly in 2015.