Bringing you live news and features since 2006 

Noci in discussions to close USD300m media and entertainment fund


Media finance and consulting firm Noci Pictures is in discussions with US and international private equity partners in closing a USD300m dollar structured media and entertainment fund that would finance 20 to 30 films.

The firm says many hedge funds, including New York’s Elliott Associates, are seeing premium returns from investing in film and media.

"As a non correlated asset class, films and film finance has outperformed every non correlated asset class in the world," says Yuri Rutman, head of media finance and consulting firm Noci Pictures. "If you look at the more than USD6bn poured into motion picture finance deals in the last three years, the IRR across the spectrum for both studios and independents are resilient to global economic declines in other industries."

Rutman is optimistic about film as a superior growth oriented long term investment because its not based on regional factors and has a global base.

"When educated about properly structuring leveraged film finance which may also include US and international tax incentives to minimize the risk, many private bankers, sovereign wealth funds, high net worth investors, family offices, and pension plans understand that they are not gambling on one film hoping to win a film festival. When a company is looking to finance ten, 20, 40, 50 or 75 films there is more than just upside on revenues from each one but a final exit strategy after five to seven years that can bring 300-400 per cent returns on capital invested."

Rutman says he is attracting not only large scale private equity groups, but smaller retail investors as an alternative to oil and gas, real estate, stocks and commodities.

"The minimum participation used to be USD10,000,000 to get into deals, but we are scaling our strategies to accommodate the USD100,000-USD500,000 investors as well," he adds.

Latest News

European ETFs raised USD47.8 billion in Q1, a 15 per cent increase compared to the same period in 2023, according..
LSEG Lipper’s March report finds that globally equity ETFs (+EUR113.2 billion) enjoyed the highest estimated net inflows for the month,..
Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by