Domain Capital Closes $768M Entertainment Fund

Atlanta-based private investment management firm Domain Capital Group has closed $768 million in equity commitments for its second entertainment fund. This exceeds the $700 million it collected in 2022 for its debut fund.

Allocation:

• Domain Entertainment Fund II focuses on investments in film libraries, television participation and music catalogs, with additional allocations for literary works, theatrical productions and sports.

• To date, Domain has managed total capital commitments of $2.3 billion in entertainment assets.

Investment partners:

• Fund II includes investments with partners such as Paramount Pictures and Sony Music Publishing.

• It features titles and artists such as Sonic 3, Friends, The Matrix Trilogy, Miranda Lambert and Thomas Rhett.

• In January, Domain partnered with SMP Nashville to acquire Lambert’s catalog of songs and future works.

What they said:

• Pete Chiappetta, Managing Director of Domain. “The entertainment industry continues to experience dynamic growth driven by an evolving distribution landscape and global demand for content. With this fund, we aim to build a diversified portfolio of high-quality assets that generate cash yield and preserve our investors’ capital under different market conditions.”