The Fund closed on $1.4 billion of commitments, exceeding its initial target of $1 billion and its initial cap of $1.25 billion. HCP also closed on the Fund’s co-investment commitments of $200 million in equity capital bringing the total committed equity capital to $1.6 billion.
Investors in the Fund comprise a diverse mix of global institutions including sovereign wealth funds, public and corporate pensions, insurance companies, endowments, foundations, and family offices, among others.
The Fund is focused on acquiring studio and media assets with attractive in-place income and growth potential in top production markets across the world.
