LEGACY FUND 1
Legacy Entertainment Ventures (“LEV”) a partnership with LOUD Capital, an experienced and successful fund manager, is currently fielding interest around a new Fund. LEV will launch Legacy Fund 1 (“LF1”) to enable its limited partners to invest alongside successful, high-profile celebrities in partnership with LEV, which will source, diligence and close investments in keeping with the celebrities’ and limited partners’ goals. LF1 is raising up to $5M and already has commitments for investment.
LOUD Capital is an alternative investment firm, with over $35M deployed across debt and equity transactions, and offices throughout the world. LOUD Capital’s team includes professionals with a broad range of experience, including entrepreneurs, investment managers, and professionals from the entertainment industry.
LF1 will focus primarily on investing in entertainment technology companies, products, and services used by celebrities to produce, monetize and protect content, as well as facilitating the consumption of content by consumers. Areas of focus include artificial intelligence, augmented and virtual reality, data analytics, marketing, security, and entertainment FinTech, among others.
Target companies will include those that may specifically benefit from celebrity endorsements and brand associations, in addition to LEV’s strategic marketing expertise and support.
LF1 may allocate up to 20% of its capital to seed individual celebrity-sponsored funds to enhance LF1’s investment activities and support its portfolio companies. Where applicable, LF1 will leverage its strategic marketing experience and resources to support portfolio investments. LF1 will leverage the team’s experience and prior success in the relevant areas of working with celebrities and entertainment technology.
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