Falcon Fine Art, a unit of specialist financier Falcon Group, has appointed equity financing expert Clemence Petit as its new business development manager.

Petit will focus on developing relationships to boost the use of art finance, and create bespoke art financing solutions for clients in order to fuel the firm’s further growth.

Petit previously served at Credit Lyonnais Securities, BNP Paribas, Gamma Finance and Societe Generale with a focus on Switzerland, Spain, Portugal and France. She has managed transactions ranging from $100,000 to $200m for clients.

Falcon Fine Art vice president Tim Hunter said: "Clemence is a great asset for Falcon Fine Art, bringing with her years of experience across the equity industry. She has the connections, knowledge and experience to drive our business forward, and we are very pleased to welcome her to the team."

Falcon Fine Art provides discrete art financing solutions and works closely with private banks, wealth managers, art dealers and advisors financing clients directly using its own balance sheet.

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