Bear Stearns taps Friedman

NEW YORK — Bear Stearns hired Clifford Friedman, a senior VP at Universal Studios, to set up a new media and communications venture capital effort, the firm said Wednesday.

Friedman is a former Wall Streeter who worked at Bear in the late 1980s as an analyst covering technology and media. In 1995 he left Wall Street and joined NBC, where he was VP of strategic development before switching to Universal at the start of 1996.

Bear Stearns said the venture capital effort would “focus on investments in the areas of intellectual property, content creations, communications and technology.” A spokeswoman declined to comment on the size of the venture capital fund, which is in the process of being raised.

More Scene

  • Kevin Durant Lindsey Vonn

    Kevin Durant, Lindsey Vonn to Keynote Variety's Sports & Entertainment Breakfast

    NEW YORK — Bear Stearns hired Clifford Friedman, a senior VP at Universal Studios, to set up a new media and communications venture capital effort, the firm said Wednesday. Friedman is a former Wall Streeter who worked at Bear in the late 1980s as an analyst covering technology and media. In 1995 he left Wall […]

  • Cher and Meryl Streep'Mamma Mia! Here

    How the Cast of 'Mamma Mia! Here We Go Again' Geeked Out Around Cher

    NEW YORK — Bear Stearns hired Clifford Friedman, a senior VP at Universal Studios, to set up a new media and communications venture capital effort, the firm said Wednesday. Friedman is a former Wall Streeter who worked at Bear in the late 1980s as an analyst covering technology and media. In 1995 he left Wall […]

  • Demi MooreComedy Central's Roast of Bruce

    Demi Moore Appears as Surprise Guest at Bruce Willis' Comedy Central Roast

    NEW YORK — Bear Stearns hired Clifford Friedman, a senior VP at Universal Studios, to set up a new media and communications venture capital effort, the firm said Wednesday. Friedman is a former Wall Streeter who worked at Bear in the late 1980s as an analyst covering technology and media. In 1995 he left Wall […]

  • Outfest Filmmakers Get Political, Issue Call

    Outfest Filmmakers Get Political, Issue Call to Action on Opening Night

    NEW YORK — Bear Stearns hired Clifford Friedman, a senior VP at Universal Studios, to set up a new media and communications venture capital effort, the firm said Wednesday. Friedman is a former Wall Streeter who worked at Bear in the late 1980s as an analyst covering technology and media. In 1995 he left Wall […]

  • Bob Woodruff Foundation Acquires Veterans Org

    Bob Woodruff Foundation Acquires Veterans Org Got Your 6

    NEW YORK — Bear Stearns hired Clifford Friedman, a senior VP at Universal Studios, to set up a new media and communications venture capital effort, the firm said Wednesday. Friedman is a former Wall Streeter who worked at Bear in the late 1980s as an analyst covering technology and media. In 1995 he left Wall […]

More From Our Brands

Access exclusive content