DCH Capital just announced during Cannes Mipcom a $100 million investment in a fund to support “media companies, co-production projects and media hub infrastructure”. The fund intends to invest in IP in the animation, games and computer graphics sectors.
The DCH Media Fund will be based in Singapore, focusing on the funding of production companies and/or their projects, along with leasing production equipment for mainstream film and TV projects.
According to World Screen, DCH Media Fund is currently evaluating co-production opportunities for projects that merit production in New Zealand and Singapore. The fund is also looking for strategic partners for its Digital Media Hub initiatives in Singapore, India and New Zealand.
Karuna Muthu, the director of investments at DCH Capital, said “DCH Capital’s Media Fund was launched in 2011 to support the creation and development or co-development of intellectual properties under the animation, games and computer graphics sectors of the creative cluster including new and emerging media.”
According to DCH website, “DCH Captial is part of DCH India. DCH Media fund will head quarter in Singapore, focusing on the funding of production companies or their projects or lease production equipment for mainstream film and television projects. DCH Captial through its media fund is consolidating its presence in the world market through international strategic alliances with respected groups in Singapore, New Zealand, Europe, U.S.A., India, China etc.”