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2015 | 2010

1 item from 2015

Ddi, Fleet-Fairhaven launch $50m P&A fund

7 November 2015 12:31 PM, PST | ScreenDaily | See recent ScreenDaily news »

Double Dutch International (Ddi) has struck a $50m P&A fund with the private wealth management firm.

The Fleet-Fairhaven capital injection will be allotted exclusively to Us releases of those films that Ddi sells worldwide such as Elliot: The Littlest Reindeer (pictured), which will get a $15m spend.

The fund will apply to strong cast-driven features with the ability to get an Us release on at least 100 screens.

Ddi president Jason Moring brokered the deal with Jon Turtle on behalf of Fleet-Fairhaven.

Fleet-Fairhaven manages a unique investment portfolio of more than $235m and specialises in putting up secured funding for the promotion of entertainment-related products such as video games, film and television and select music promotions.

“Thanks to Fleet-Fairhaven’s funding, our acquisitions capability has increased drastically,” said Moring. “Quality packaged movies have now more incentives to work with Ddi.” »

- (Jeremy Kay)

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2015 | 2010

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