Hackman Capital Partners Raises $1.6 Billion to Invest in Media Assets in Top Production Markets Around the World
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Wednesday, October 12, 2022
Film & Motion Pictures, TV and Radio, Banking, Commercial Building & Real Estate, Construction & Property, Professional Services, Entertainment, Communications, Asset Management, Media, Finance, Famous Players Film Company, Insurance, Apple, Showtime, Raleigh, North Carolina, Silvercup Studios, CBS, Warner Bros., Thames Wharf Studios, Growth, Culver Studios, ABC, Kaufman Astoria Studios, HBO, LLC, APriori Capital Partners, Investment, Astoria, Ardmore, Marvel, Industry, Netflix, CEO, Cumbernauld, Television, HCP, Amazon, Foundation, Ardmore Studios, Sony, Financial services, Video game, Music, Film, Fund, The Walt Disney Company
The Fund closed on $1.4 billion of commitments, exceeding its initial target of $1 billion and its initial cap of $1.25 billion.
Key Points:
- The Fund closed on $1.4 billion of commitments, exceeding its initial target of $1 billion and its initial cap of $1.25 billion.
- HCP also closed on the Funds co-investment commitments of $200 million in equity capital bringing the total committed equity capital to $1.6 billion.
- The Fund is focused on acquiring studio and media assets with attractive in-place income and growth potential in top production markets across the world.
- We are pleased to have completed this institutional capital raise for the studio and media strategy and are grateful for the strong support from our new investment partners, said Michael Hackman, CEO of Hackman Capital Partners.