Shamrock raises $ 196 million for Entertainment IP

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Patrick Russo, partner of Shamrock Capital

Westwood-based Shamrock Capital Advisors has raised $ 196 million to provide loans to owners of entertainment intellectual property rights in the film, television, music, games, sports media and entertainment industries. other content areas.

Shamrock, which manages around $ 3.8 billion in assets under management, closed the fund to new investors on July 7. The fund, called Shamrock Capital Debt Opportunities Fund I, includes pension funds, foundations and financial institutions as limited partners.


Shamrock already has a diverse portfolio of premium content comprised of stakes in over 800 films, 1,000 TV episodes and 20,000 musical compositions.


In addition to fundraising, Shamrock announced the promotion of Nick Khoury to Vice President as a Senior Associate and the hiring of United Talent Agency Director Aaron Wizenfeld as Vice President of the content investment team.


Prior to UTA, where he was Vice President of Strategy and Corporate Development, Wizenfeld was an investment banker for a decade at Century City-based Houlihan Lokey Inc., New York-based Mesa Securities Inc. ( acquired by Houlihan Lokey in 2015), and Deutsche Bank, which primarily directs and executes media and entertainment transactions.


Khoury has been with Shamrock since 2016 and focuses on investment strategies related to business content. Prior to joining Shamrock, Khoury was an investment banking partner at Imperial Capital Group Inc., based in Century City.


“We really appreciate the strong support we have received from existing and new sponsors, especially in light of the difficult fundraising environment over the past year,” said Patrick Russo, Shamrock partner, in a press release. “We see this new fund as a natural extension of our content acquisition strategy that allows us to provide option and flexibility to content owners.”


In June, Shamrock raised $ 1 billion to invest in media, entertainment and communications companies. It was the biggest increase to date for Shamrock, which was founded in 1978 as a family-owned investment company for the late Roy Disney.


Shamrock launched this $ 1 billion fund, officially known as Shamrock Capital Growth Fund V, in 2020. It saw significant demand and exceeded its $ 1 billion cap. The fund targets companies seeking $ 25 million to $ 200 million in equity through controlled or non-controlling transactions.

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