Former co-managing director of Imperial Capital Bank Peter Graham has joined recently launched film finance banner 120dB Films as a partner.
Graham will be based in Los Angeles, expanding the Gotham-headquartered 120dB’s operations.
Shingle specializes in gap and related loans to the indie film industry.
Graham has formerly been involved in financing pics, including “Monster,” “My Big Fat Greek Wedding,” “The Virgin Suicides” and “The English Patient.”
“Peter is one of the most respected bankers in the domestic and international independent film arena,” said the firm’s founder, Stephen Hays. “Without the cumbersome credit committees and bureaucracy found at the banks, we can be more flexible and responsive to producers’ often urgent needs.”
“I knew that it was time to make the switch from the highly structured and regulated banking world after I attended the Berlin Film Festival in February and saw the number of hedge funds attempting to diversify into this space,” Graham said. “In many ways, (Hays’) unbiased, pure approach reminds me of my mentor Lew Horwitz, who had his own magical way of getting things done.”
Graham’s mandate is to extend 120dB’s presence across North America, drawing upon an international network to source foreign opportunities.
Credits for 120dB so far include the Greg Kinnear/James Caviezel starrer “Unknown,” the David Mamet-penned “Edmond,” Lions Gate’s “Dark Ride” and Urban Entertainment’s “The Golden Blaze.”