Vine Alternative Investments Group, LLC, a New York City-based investment management firm focused on investing in the media and entertainment sector, targeting non-correlated investment opportunities, completed its fourth fund, at $608m.
Vine Media Opportunities – Fund IV exceeded its initial $600m target with a diversified investor group including European, Canadian and U.S. public pension plans, endowments, insurance companies, and family office investors.
Fund IV is a continuation of Vine’s strategy of investing in assets backed by major motion pictures, television, and other media and entertainment content. Since its first investment in 2007, the firm has established itself as a provider of liquidity and capital to established creators and owners of film and television assets.
Led by James Moore, Managing Partner and CEO, Vine is actively investing out of Fund IV and has invested and/or committed to invest $137 million to date.
FocusPoint Private Capital Group acted as exclusive placement agent for Fund IV. Kirkland & Ellis LLP served as fund formation counsel.
FinSMEs
06/01/2019