Li Ruigang’s China Media Capital has raised $950 million for CMC Capital Partners III, its third U.S. dollar-denominated investment fund. Documents filed this week with the Securities and Exchange …
Li Ruigang’s China Media Capital has raised $950 million for CMC Capital Partners III, its third U.S. dollar-denominated investment fund. Documents filed this week with the Securities and Exchange Commission show that the Cayman Island-registered fund raised $153.5 million from U.S.-based investors, in an issue managed by Credit Suisse. The same documents explained that they [...
The move is widely seen as an attack on media freedom in the country. On Monday the government’s solicitor general filed a petition with the country’s Supreme Court, against ABS-CBN and its subsidiary ABS-CBN Convergence. The petition asserted that the company had violated laws [...]Effie T. Brown joined film financing fund Gamechanger as CEO earlier this year because she wanted to make a difference in the industry.
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