BERLIN — German film fund and production company CP Medien has launched an open-ended private investment fund to raise in the two-digit millions for film projects.
Fund will invest 92% of its money in productions, leaving 8% for operational costs. Investments start at $28,000.
Company is reviewing projects, but it won’t decide on a slate until the fourth quarter of the year. However, CEO Roland Pellegrino said it would heed the call for greater participation in German and European productions.
Fund is due to close at the end of the year, but CP Medien has the option to keep it open if it has not raised sufficient cash.
Company’s production partners include Mandalay, Lions Gate, Pathe, StudioCanal and Eberhard Junkersdorf’s Munich Animation.
CP Medien’s productions include Robert Altman’s “The Company” and Mandalay’s “Beyond Borders” from director Martin Campbell, both slated for Stateside release later this year.