Launch of new investment fund. Target IRR in excess of 20% per annum. Pathfinder fund yielded annualise return of 48%.
Future Films Limited, one of the leading providers of structured finance solutions to the UK media and
entertainment industry is delighted to announce its involvement with an exciting new investment fund,
the Aramid Entertainment Fund (www.aramidfund.com),
specialising in providing short and medium term liquidity to producers and distributors of film via a
portfolio of asset backed loans.
The goal of the Fund is to generate a portfolio of loans and investments that earn average annual
returns in excess of 20% whilst remaining within a relatively low, managed risk environment.
Initially focussing on bridge financing, discounting of international tax credits and Gap financing
for film productions, the Fund believes that the expertise in the media and entertainment industry
that its Directors have, and that it has access to, will give it a material advantage in managing
the risks associated with this form of lending.
The Fund has engaged Aramid Capital Partners LLP (www.aramidcapital.com),
a three way joint venture between Future Films, and two major US based media finance entities,
Screen Capital International and Stonehenge Capital Corporation, to source and advise on lending
and investment opportunities. The LLP is headed up by former Finance Director of Pathé Entertainment,
Simon Fawcett, and the combined expertise of its members places the fund in a unique position to
access superior deal flow.
Commenting on the new venture, Tim Levy, Chief Executive of Future Films, said, "This is an
exciting opportunity for us to broaden the product offerings we can make both to the global entertainment
industry and our UK client base. Over the last 6 years, we have successfully provided similar sorts
of lending using our own capital base, most recently yielding an annualised return of 48% for some
private clients that co-invested with us, and believe that the current market environment is perfect
to be providing such opportunities on a far wider scale."
Simon Fawcett added "Opportunities such as the new UK tax credit regime, whilst seemingly extremely
beneficial to the British film production industry, will still leave many independent producers
needing to cash flow their productions until the benefit of the tax credit is received. Aramid can
offer a very attractive solution not only to this problem but to producers across the world looking
for additional liquidity, which will surely only further benefit this industry."
Participating Shares in the Fund are currently being offered via an unregulated collective investment
scheme.