Hennessee Group Vets Team With Film Fund

Jul 31 2007 | 9:11am ET

They want to be in pictures, or, at least, profit from them: Two alternative investment veterans best known for a hedge fund index have joined forces with a new film fund.

SandDollar Capital, a New York-based private equity consultant founded by Charles Gradante and E. Lee Hennessee of the Hennessee Group, has announced a strategic partnership with Barbarian Films. Under the terms of the multi-year deal, SandDollar will assist Barbarian in marketing its offerings to investors.

“We have seen consistent interest from individual investors, funds and institutions for non-correlated alternative investments,” SandDollar’s Gradante explains. “We see film investment as a logical solution however, for some time, were unable to find the right business model that would offer engaging returns while effectively managing the downside risks typically associated with film investment. Barbarian is the first film fund to capitalize on the inefficiencies in the current film market.”

Barbarian, which also recently struck a partnership deal with Beverly Hills, Calif.-based Endeavor Talent Agency, focuses on low-budget films—under $10 million—which are counting on foreign market sales for more than 80% of their total budget. It has also unveiled its first film investments, including Powder Blue, due next year and starring Jessica Biel, Ray Liotta and Forrest Whitaker.

“We have used our intimate relationships with consistently successful, award-winning producers to create a unique fund which is the first of its kind to approach lower budget film slates in a significant way,” said Aaron Kaufman, a managing member of Barbarian Films.

RELATED STORY

Entertainment Experts Shoot For The Stars With New Film Fund


In Depth

Whisky Business: The Ultimate Liquid Alternative Investment

Sep 15 2014 | 7:02am ET

David Robertson knows his single-malt whisky—he was the Master Distiller at the...

Lifestyle

Hedgies Rock Out For Children's Charity

Sep 15 2014 | 8:40am ET

It's that time of year again—when hedgies trade in their spreadsheets for guitars...

Guest Contributor

The Cult of Loss Aversion: A Call to Rethink Risk in Global Macro Investing

Sep 4 2014 | 5:45am ET

In the wake of a traumatic loss, whether it is financial or personal, it is just...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

July/August 2014 Cover

In search of the ‘new normal’ at the Fed

The Federal Reserve keeps baby-stepping toward a “normalization” of monetary policy. But just what is normal?

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.