We are thrilled to have our fund receive this tremendous show of support by Wendy, Grant and the entire Global Pictures team. As we continue to execute our investment strategy for Upsense, we look forward to utilizing Global’s capital commitment to drive success for both our existing fund members and the new members who will join us over the next several months as we complete our $225m capital raise. The transactional strength that this commitment provides our fund will continue to enable us to deliver on the promise of giving our members a portfolio of high profile media and entertainment deal flow that the fund established with its initial investment into the cutting edge VR company XR Games”. The closing of the Global Pictures agreement has demonstrated a significant level of support in the global media & entertainment investment marketplace for Upsense, who last month announced a $225M capital raise to meet its substantial global investment deal flow pipeline across film, television, music, gaming, facilities and technology.
We are pleased to see the Upsense Media Capital fund receive such an early success. Operating as the Responsible Entity for Upsense Media Capital, Global Merces looks forward and commits to delivering alternative investments such as media and entertainment funds to market.