Global Merces launches Media Ventures Fund
Financial services firm and investment manager Global Merces has announced a launch of its Media Ventures Fund that will offer investors exposure to investments aimed at “developing, distributing and commercialising media assets across the globe”.
The fund would invest in the creation of content from concept to completion and commercial realisation as well as technology supporting the creation and distribution of content and audiences, the firm said.
Additionally, it would aim to capitalise on the digital transformation of the global media and demand for quality content which would be expected to generate long-tail returns for investors.
The GM Media Ventures Fund, which would invest in up to nine major media assets, would be the second offering in GM’s media portfolio.
GM Media Ventures Fund's asset manager, Adam Schoff said: “The launch of the GM Media Ventures Fund is a pivotal point for our team and the next iteration of our growing business.
“We have assembled a great team with the ability to support deal flow, investment decisions and take strategic role in the direction of each investment. Our aim is to deliver double digit targeted returns over a five-year horizon to our investors.”
The company said wholesale investors would be able to invest directly into the fund and retail investors can invest through the Global Merces Access Fund.
AUTHOR
Oksana Patron
Recommended for you
Tribeca Investment Partners has made a distribution hire from Australian Ethical in a newly-created role focused on the national intermediary market.
Asset managers may be urged to diversify their product ranges, but investment executives have warned any M&A deal should avoid simply filling gaps and instead consider long-term value creation.
Specialist wealth platform provider Mason Stevens has become the latest target of an acquisition as it enters a binding agreement with a leading Sydney-based private equity firm.
Fund managers are entering 2025 with the most bullish sentiment since August 2021 and record high allocations to US equities, thanks to the incoming Trump administration.
