Sinai Capital Partners Raises $600M For Two Funds

Sinai Capital Partners, a Los Angeles, CA-based multi-strategy private equity company, raised more than $600m in new capital between the two funds.

This includes:

  • tech-focused venture capital firm Sinai Ventures, which has closed $500m, and
  • media fund New Slate Ventures, which added $100m.

Based in Los Angeles, SCP has now more than $800 million in assets under management.

Led by Managing Partner Jordan Fudge, Sinai Ventures is a global and distributed venture capital fund based in Los Angeles with presence throughout the world. The fund will invest in late-stage software and technology companies across various categories. Moving forward, the fund will look to invest across all stages, with a targeted focus on growth-stage and pre-IPO companies. Incubated in a multi billion-dollar family office, Sinai Ventures currently has more than 85 portfolio companies including Pinterest, Carta, Roman Health, Compass, Unqork, and Hippo Insurance.

Led by partners Jordan Fudge, Jeremy Allen and Zach White, New Slate Ventures finances and produces films, documentaries, and television programs with stories that are intersectional, inclusive, and culturally impactful. The fund aims to expand its slate of original IPs and grow its business by capitalizing on stories with authentic connections to drive its audiences to action.

New Slate Ventures 2020 slate includes the Lena Waithe produced title THE 40-YEAR-OLD VERSION, directed, written by, and starring Radha Blank which was acquired out of Sundance and released by Netflix; THE UNITED STATES VS. BILLIE HOLIDAY, directed and co-written by Oscar-nominated filmmaker Lee Daniels and starring Grammy-nominated singer Andra Day, Trevante Rhodes, and Garrett Hedlund, acquired by Paramount through the Cannes virtual market; UNTITLED MAGIC JOHNSON, a documentary focused on the life and careers of NBA legend and entrepreneur Earvin Magic Johnson; and THE 24TH, directed and written by Oscar- winner Kevin Willmott and starring Trai Byers which was an official selection at SXSW and premiered in August through Vertical Entertainment. In development is an Untitled Michael Milken Limited Series to be written by Academy-Award Nominated writer Terrence Winter (The Wolf of Wall Street, The Sopranos).



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