Exclusive: Alchemy Fund aimed at supporting films in the £1m-£10m range.
London and Vancouver-based director and producer Ryan Bonder
is launching Alchemy Film Fund, which will look to invest in projects in the £1m-£10m budget-range.
Backed by “a small stable of private investors” who have previously backed Bonder’s own slate of films, the fund will look to invest in film and TV projects via Eis schemes.
According to Border, whose sophomore feature The Brother
(2016) was backed by the same private investors and Telefilm Canada, Alchemy will offer debt, tax credit and equity finance.
Bonder said: “The focus will be on unique director-led projects we believe have strong cross-over appeal.”
The fund will also look to back event-cinema projects: “While independent films struggles to find space in the theatrical market, filmmakers must become more creative in how their films are marketed and viewed,” he said.
“You have to offer something different and unique to reach