Magazine article Screen International

The Exchange, Forest Road Launch $50M Fund

Magazine article Screen International

The Exchange, Forest Road Launch $50M Fund

Article excerpt

Brian O’Shea and team will sell select projects.

Cannes Film Festival

Heading into Cannes, Los Angeles-based production, film financing and sales company The Exchange and specialty finance company Forest Road have launched a $50m fund.

The Roadrunner Capital fund has already provided capital for projects such as SXSW selection Shotgun directed by Hannah Marks and Joey Power. The Exchange and Forest Road executives will jointly manage Roadrunner from offices in New York and Los Angeles.

The joint venture fund will lend capital to responsible production companies at below market rates and The Exchange, led by CEO Brian O’Shea, will sell some but not all of the fund’s projects.

“Even at its infancy, we’re already seeing how Roadrunner has a competitive advantage in the marketplace,” O’Shea said. …

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