The Exchange, Forest Road Team on Roadrunner Capital Fund (EXCLUSIVE)

Variety | 4/23/2018 | Dave McNary
Click For Photo: https://pmcvariety.files.wordpress.com/2018/04/roadrunner-capital-fund.jpg?w=700&h=393&crop=1

In a pre-Cannes Film Festival move, production-financing-sales company the Exchange and specialty finance company Forest Road are launching their $50 million fund, Roadrunner Capital.

The fund has already provided capital for the SXSW project “Shotgun,” helmed by Hannah Marks and Joey Power. Roadrunner will be co-managed by the Exchange and Forest Road executives, with offices in New York and Los Angeles.

Purpose - Venture - Fund - Capital - Production

The sole purpose of the joint venture fund is to lend capital to responsible production companies at below-market rates in a seamless manner. As a sales-distribution outfit, the Exchange will sell some of the fund’s projects, but not all.

Forest Road offers low-cost financing options for tax-related collateral among various industries and subsectors, and this partnership is aimed at accelerating its expansion into independent film and television financing.

Infancy

“Even at its infancy, we’re already seeing...
(Excerpt) Read more at: Variety
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