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Tuesday, September 23, 2008

Marquee Capital Entertainment Memorabilia Fund....

Hedge Fund New York: In a world obsessed with pop culture, where more people arguably know the name of Madonna's children than the names of the last two United States Secretaries of the Treasury, the market for entertainment memorabilia is one that has proven to be uncorrelated to the larger financial markets and which continues to grow at a rapid pace in both size and value. A publicity postcard which measures 4 inches by 5 inches, released by Parlophone records and signed in red ink by all four Beatles recently sold at auction for $10,000. On June 16th of this year a pearl-gray 1050's wool sweater with short sleeves, collar and three buttons at the neck - which had been estimated to bring $600 sold for $6,000.

Looking to capitalize on the upward trends in this industry is Marquee Capital Growth Partners which has spent the past two years compiling a portfolio of 350 items of entertainment memorabilia assets will launch The Marquee Capital Entertainment Memorabilia Fund in February 2009. We spoke with Marquee Partner Amal Srivastava about the intricacies of investing in this market and the structuring of the Fund.

An iconic strategy
The assets compiled by Marquee Capital prior to the February 2009 launch of the investor accessible fund are approximately 80% represented by Madonna focused memorabilia. The Marquee value of this entertainment icon's name is such that the managers feel Madonna's celebrity is almost unmatched, and therefore a major goal of the portfolio will be to acquire significant stakes of Madonna memorabilia which exists in the markets. For investment purposes, such focus on a single icon serves its purpose in the ability to increase the value of assets by using publicity and events around which to create a buzz of interest. For example, in conjunction with the launch of the fund, Marquee Capital has organized the first Madonna centered gallery exhibition which will be held in London. The event, which is still five months away has garnered interest and been covered by the media across a multitude of industries including memorabilia, fashion, music and finance....

Source:
Marquee Capital Entertainment Memorabilia Fund....


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