Media Vision Management has launched a fund that invests in the Bollywood media and entertainment in...
Media Vision Management has launched a fund that invests in the Bollywood media and entertainment industry. The Bollywood Media and Entertainment Fund will generate capital through investment in films and their intellectual property through the provision of film.
Bobby Ailwadhi, managing director of Media Vision Management, said: "Bollywood entertainment has been growing at a rate of 30% per year.The portfolio gives Bollywood film- makers the opportunity to raise money to make films.
It is domiciled in the Isle of Man and is an open ended investment company, not a film partnership, and is designed for experienced investors.
The fund will invest mainly in productions in India, but has scope to support Bollywood productions made in other locations. Minimum investment is $20,000 or £15,000, with an early exit charge of 8% reducing to nil over 60 months. The annual management charge is 1.75%.
Partner Insight: For Blackfinch, the arrival of its IHT portfolio services was a 'natural evolution' in the group's offering and points to an established track record of returning cash to investors.
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