Baram spent nine years at the Firm, holding the post of president/COO, and also co-founding the investment fund VMG Equity Partners.
Baram is the manager of magician Criss Angel, whose “Mindfreak” shows have been a staple of Las Vegas and cable TV. Angel will leave with Baram, who informed Firm chief Jeff Kwatinetz of his exit Tuesday.
VMG raised money for consumer brand development and intellectual property creation projects that included an acquisition and re-launch of the footwear and apparel company Pony. It wasn’t immediately clear how Baram’s fund will fit with the Yorn venture that is expected to come together shortly.
Rick Yorn parted company Sunday with Kwatinetz. While he has not commented officially on his plans, Yorn is expected to steer the management component of the new company while former sister-in-law Julie Yorn runs the production division. She steered Firm Films, and most recently produced “Max Payne” and the upcoming Anne Hathaway-Kate Hudson-starrer “Bride Wars,” which will be released by Fox 2000.
Aside from Baram, the Yorns so far definitely will be joined by Jennifer Killoran, who with Rick Yorn managed Leonardo DiCaprio and Justin Timberlake. She also steered Appian Way, DiCaprio’s production company, and manages directors Richard Kelly and Robert Schwentke, and scribe John Orloff. Those clients will be traveling with Killoran, as will all of Yorn’s major clients.