Hong Kong private equity firm Infiniti Capital has set up a fund with the Chengdu-based Green Leaf Film Studios and Richard Taylor, co-founder of the Weta vfx house in New Zealand, to raise between $200 million and $400 million to invest in film, TV and other projects for the Chinese market.
The fund, called Panda Screen Prods., will focus on animated and visual effects-driven live-action products, especially those with merchandising potential. Some products will be China-focused, while others will have broader appeal.
Infiniti Capital’s Hong Kong subsidiary, Infiniti Advantage, will manage the fund.
Chinese productions will be co-produced by Green Leaf Film Studios and the team is in discussions with entertainment industry experts to support the project. The group is also in talks with the regional government about access to facilities, land and resources.
Milestone Capital, a New Zealand-based private investment group, helped set up the fund.
Infiniti Capital also has offices in Christchurch, New Zealand, and Sydney, Australia. It manages assets valued at more than $1 billion.