Magazine article Screen International

Partners Launch Merced Media

Magazine article Screen International

Partners Launch Merced Media

Article excerpt

QED International CEO Bill Block and PalmStar Media Capital CEO Kevin Frakes have teamed up with Merced Capital L.P. to launch a $500m-plus development, production and financing feature fund.

The venture will seek to produce a slate over the next three to five years focused on wide-release, filmmaker and star-driven commercial features.

The parties said the plan calls for a robust development platform. Merced's Raj Singh and Stuart Brown oversee the company's media investments.

Media Content Capital, the backer of Block's QED International, will be involved in projects with Merced Media.

Merced Capital was established more than 20 years ago as an alternative investment entity and currently manages aggregate committed capital of more than $2.5bn.

Since 2012, Merced Capital has invested in such films as November Man, Rush, American Ultra, Sing Street and Term Life. …

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