NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Pelican Point Capital Partners, LLC., (“Pelican”) is pleased to announce the formation of its media & entertainment finance company, Pelican Point Media, LLC.
Given its recent success and the firm’s growth in the film finance space as well as through its development of key strategic partnerships to finance, invest and further develop production and print & advertising (P&A) businesses, Pelican has decided to launch Pelican Point Media, LLC. This announcement comes after the firm has closed deals and continues to establish partnerships and cooperation with film production, P&A and management teams globally looking for a quality strategic financial partner with global reach.
“We see a void and hence a tremendous opportunity to increase our appetite to invest in this space. We see demand from focused target market projects to wide release projects and this is driving our strategy to further our presence in the space,” said Ike Suri, Co-Founder and Co-CEO of Pelican.
Pelican Point Media, LLC will focus on various strategies and financing opportunities including print & advertising & slate finance amongst others across films of various budgets and target screens. Further the firm will continue to find innovative structures via the strong relationships from the partners at Pelican across global financial institutions and other investors that are eager to enter or re-enter the space in thoughtfully innovative ways.
“Pelican Point Media will look throughout the capital structure and at various stages along the project timeline for film and other media projects. The market is looking for creative ways to finance films, our partners want to explore these routes as we see great potential via our structuring capability,” said Shahid “Shad” Quraishi, Co-Founder and Co-CEO.
Further information on Pelican Point Media, LLC., will be released in the coming weeks. For more information on the firm please follow the web link below.