New York Hedge Fund Bets On Hollywood

Oct 22 2007 | 8:33pm ET

New York-based fund of hedge funds firm Ginepri Capital Partners has entered into a multi-year deal with Handpicked Films to finance a slate of motion pictures. 

The first group of 11 films, dubbed Ginepri Motion Picture Slate, is valued at approximately $110 million dollars with three more slates to follow. The film budgets will range from $5 million to $40 million, and the films will be produced by Handpicked Films executives Michel Shane and Anthony Romano.

"This is a great fit. Both parties are bringing their expertise to the table, and we are very complementary,” said Shane. “The difference between Ginepri and everyone else in this space is that this will be an actively managed program. We will all be very hands on."
   
Ginepri Capital is a New York-based fund of hedge funds with a leveraged capacity of approximately $4.6 billion.


In Depth

Fundraising for Mid-Sized PE Funds: Should You Use a Registered B/D?

Dec 6 2016 | 7:18pm ET

When does a fund sponsor need to use a registered broker/dealer when raising capital...

Lifestyle

Trump Attends 'Villains and Heroes' Costume Party Dressed As...Himself

Dec 5 2016 | 11:16pm ET

U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party...

Guest Contributor

A Hard Look At Your ‘Soft’ Hedge Fund Marketing Information

Dec 8 2016 | 9:03pm ET

Conventional wisdom holds that due diligence examines quantitative as well as qualitative...

 

From the current issue of

Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information. 

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR