Shamrock Capital, a Los Angeles-based investment firm, closed Shamrock Capital Content Fund II, with a total of $400m in committed capital.
Limited partners comprise a diverse mix of existing and new investors to Shamrock from leading pension funds, sovereign wealth, endowments and foundations, family offices and financial institutions.
SCCF II is a continuation of the investment strategy of Shamrock’s inaugural content fund which raised $250m in 2016 and acquires existing entertainment intellectual property rights across filmed entertainment, television programming, music publishing rights, recorded music masters, video games, and other forms of entertainment content. The Content Fund targets investment opportunities that possess the following key characteristics:
(i) long-term revenue streams that are generated across multiple distribution platforms globally;
(ii) predictable post-release performance characteristics; and,
(iii) low correlation and resilience to general economic trends.
SCCF I holds an interest in more than 800 films, 1,000 television episodes, and 5,000 music compositions.
Led by Steve Royer, Managing Partner, Patrick Russo, Partner, Shamrock Capital has approximately $1.9 billion of assets under management, investing exclusively in the media, entertainment, and communications sectors. The firm was originally founded in 1978 as the family investment company for the late Roy E. Disney and has since evolved into an institutional money manager with a group of investors including endowment and pension funds.
In addition to its diverse portfolio of Entertainment IP, its current investments include Ad Results Media, Adweek, Appetize, Branded Cities, DeCurtis, FanDuel, Iyuno Media Group, Maple Media, Mobilitie, Omega Wireless, Pixellot, and Wpromote.
The firm also announced the promotion of Jason Sklar to Partner and Andrew Landenberger to Principal. Jason Sklar has been with Shamrock since 2015 and focuses on the firm’s content acquisition strategy. Prior to joining Shamrock,
Mr. Sklar was an Executive Director with J.P. Morgan’s Entertainment Industries Group. He also has prior experience at Bank of America and Arthur Andersen LLP. Mr. Sklar graduated magna cum laude from the University of Arizona and earned an MBA from the USC Marshall School of Business.
Andrew Landenberger is also focused on the content acquisition strategy and has significant experience in film and television content. Before joining Shamrock in 2016, Mr. Landenberger was Vice President of Corporate Finance at MGM Studios where he specialized in financial planning and reporting, valuations and M&A. He also previously worked as a consultant at Ernst & Young. Mr. Landenberger graduated magna cum laude from UCLA.
FinSMEs
22/07/2020