Jay Z’s Roc Nation Launches New Startup Platform and Fund

Jay Z
Roc Nation, the full-service entertainment company founded by Shawn “JAY Z” Carter, announced a new platform and fund to back early stage startups.

Formed through a collaboration with Primary Venture Partners and GlassBridge Asset Management, a subsidiary of GlassBridge Enterprises Corp. (NYSE: GLA), the new platform called Arrive will provide startups with brand services, business development, advisory and capital to drive growth in their organizations. It will also launch a traditional venture fund in order to, among other activities, support existing portfolio companies through their subsequent growth stages.

Primary Venture Partners will serve as a venture advisor while GlassBridge Asset Management will provide institutional and operational support.

In addition to Arrive, Roc Nation intends to formalize its focus on social impact investing later in 2017 and to strengthen various partnerships to expand its presence in the high growth, early stage community.



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