Aperture Media Partners is launching as a one-stop filmed entertainment finance company.
New York Private Bank & Trust has partnered on the venture from finance veterans Jared Underwood and Andrew Robinson and will provide capital support. The company plans to fund between 15 to 20 projects in its first year. It will begin staffing up and will be based out of Los Angeles.
Aperture will allow producers and production companies to secure all of their financing from one company instead of having to cobble together various funding streams and loans from an array of backers. It will offer a range of financing for television projects, including bridge loans, finishing funds, gap loans, library advances, print and advertising loans, production loans, sales agent advances, tax credit monetization and ultimates financing.
Because of New York Private Bank’s backing, Aperture can write its own checks. It also plans to tap into a network of business relationship to secure additional funding from banks, hedge funds, private equity and family offices.
Underwood will serve as the company’s CEO and Robinson will be its COO. The pair previously worked togheter at Comerica Entertainment Group, where Underwood was group manager and Robinson was vice president. Prior to creating Aperture, the two partners co-founded Surefire Entertainment Capital, which facilitated nearly $100 million in financing for independent films such as “John Wick” and “Best of Me.”