HAN Capital Management Raises $500 Million China Film Fund

China money
REX Shutterstock

New York-based HAN Capital Management has raised $500 million for an entertainment fund that will invest in Chinese film and TV productions.

The company, founded in 2008 by experienced financier John Liu, aims to help fund, develop, produce and distribute 15 feature films through 2017.

Productions will target Chinese and global audiences and could have large budgets of up to $150 million.

“With the middle class in China booming and demands for entertainment consumption growing, it’s one of a few high-growth and hot investment sectors in China right now,” Liu said in a press statement.

HAN Capital Management describes itself as “a multi-strategy, multi-assets, global arbitrage hedge fund. It also manages a trio of different China funds. It is contributing $200 million to the new entertainment fund.

Liu is also president and senior managing partner of HAN Pictures and Media, a related company. The two-year old HAN Pictures, especially focused on China-related content, will also be involved in co-production, cartoons and 3D movies.

According to Liu’s LinkedIn profile the fund covers entertainment, movies and P & A “to promote the film and media industry growth and development in China and world.”

“HAN Pictures’ content will be very high-quality in both story-telling and in execution,” Liu said in a press statement.

Filed Under:

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Biz News from Variety