Glentham Capital

Glentham Capital is a start up fund management company providing finance for Hollywood films

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Raised Last:

$57k

Raised Total:

$615k

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Description

Glentham Capital is a start up fund management company. It is looking to raise a listed fund in Guernsey in the final quarter of this year. The fund would provide finance for Hollywood films. The company&s;s Chairman is Nicola Horlick, who has been a fund manager in the City for 30 years. The company&s;s CEO is Pandora Edmiston, who worked in the film industry and then moved to Citibank for a number of years. Post the credit crunch, there is a shortage of finance for films in Hollywood. Nicola Horlick has successfully invested in a number of film projects over the past five years and sees an opportunity to make a significant amount of money from financing films. Glentham Capital, as a fund management company, would charge the new fund a management fee of 2% per annum. As it plans to raise $100m, this would give it an annual revenue of $2m. In addition, the company would have a performance fee of 20%, which would be calculated bi-annually.

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