Hollywood Mogul’s Firm Raises $1.6 Billion for Media Properties

By October 14, 2022 No Comments

Courtesy of Bloomberg. Hackman Capital Partners brings in money from pensions and sovereign wealth funds to snap up more real estate.

Los Angeles-based Hackman has $1.4 billion of commitments for its HCP Studio Fund from investors including sovereign wealth funds, pensions and family offices, according to a statement Wednesday. Some of the investors have also committed an additional $200 million in equity on top of the fund.

Hackman, which owns and operates major studios, has already invested or committed roughly half of the fund as of the second quarter.

Read the full article in Bloomberg