Tate will announce details of the works which have been acquired at this year’s Frieze Art Fair through the Outset/Frieze Art Fair Fund to benefit the Tate Collection at a special event at Tate Britain on Thursday 17 October 2013. The Fund enables Tate to buy important work by emerging artists for the national collection at the fair.

The 2013 Outset/Frieze London Fund guest selectors are Tobias Ostrander, Chief Curator of the Miami Art Museum and Beatrix Ruf, Director of the Kunsthalle, Zurich. They will be joined by Tate curators Ann Gallagher, Head of Collections, British Art; Frances Morris, Head of Collections, International Art; Tanya Barson, Curator, International Art and Clarrie Wallis, Curator, Contemporary British Art.

The Fund is organised and financed by Outset Contemporary Art Fund and enjoys continued support from Le Méridien Hotels & Resorts for the sixth consecutive year. Additional funds in 2013 are provided by Leviev Extraordinary Diamonds. This year 150,000 has been made available for the Fund. With Tate's annual government funding for its acquisitions effectively frozen since 1982, the Fund helps provide a much needed contribution towards Tate’s ongoing campaign to develop its Collection.

Outset Contemporary Art Fund was founded in 2003 as a philanthropic organisation dedicated to supporting new art. The charity focuses on raising private funding from its supporters and trustees for public museums, galleries and art projects.

Nicholas Serota, Director, Tate said: “Outset's work in championing emerging and re-emerging artists has become a vital component of the contemporary art world. Tate is enormously grateful for the very generous support from Outset that has allowed us to add many important works to the national collection over the past ten years. We are once again excited to be able to select work from the Frieze Art Fair in London, so that a broad public at Tate can experience new art as it emerges.”

Outset Contemporary Art Fund was founded in 2003 by Candida Gertler and Yana Peel as a philanthropic organisation dedicated to supporting new art. The charitable foundation focuses on bringing private funding from its supporters and trustees to public museums, galleries, and art projects. The fund uses its independent platform to give new audiences proximity to the visual arts, building long-lasting relationships within the international artistic community. Addressing the need for flexible, early-stage funding within the public arena, Outset enables ambitious non-commercial ventures and acquisitions. Since its inception, the fund has supported numerous leading visual arts institutions with capital campaign, education, outreach and programming needs and donated nearly one hundred works of challenging contemporary art to public institutions across Britain and abroad. Outset’s patrons have a great interest in supporting Tate’s acquisition of international contemporary art. In 2010 Outset was awarded the British Montblanc de la Culture Arts Patronage Award.

Frieze London 2013 takes place from the 17–20 October in Regent's Park, London, and features over 150 of the world's leading contemporary galleries. For more information on this year’s fair see friezelondon.com