Shamrock Capital, the descendant firm of the late Roy E. Disney’s family investment fund headquartered in Los Angeles, has closed its Shamrock Capital Content Fund III LP, which is focused on acquiring a portfolio of content and media rights, at over $600 million.
SCCF III is the third equity fund for Shamrock’s content strategy. The fund looks to partner with content creators and owners while targeting the acquisition of portfolios across film, television, music, video games, sports rights and other forms of content. The fund exceeded its hard cap against a target of $500 million. Including SCCF III commitments, Shamrock’s content strategy has reached $2 billion in assets under management.
“At Shamrock, we see a compelling opportunity to continue to collaborate with the creative community,” says Jason Sklar, partner at Shamrock. “We’ve found that artists and content owners not only value our firm’s unique entertainment heritage, but they also appreciate our broader resources across media and entertainment as we identify synergistic opportunities which can further their long-term objectives.”
Kirkland & Ellis LLP served as legal advisor for Shamrock.