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Goldfinch, Friday Industries Launch $20 Million Fund for MENA, APAC Content (EXCLUSIVE)
Goldfinch and Friday Industries partner on $20 Million fund to finance film and TV productions across MENA and APAC regions.
British financier Goldfinch and global entertainment company Friday Industries have teamed to launch a $20 million collateralized credit vehicle aimed at backing film and high-end television productions across the Middle East, North Africa and Asia-Pacific regions. The fund will provide senior secured loans against tax credits, government incentives, gap financing and pre-sales for productions from territories including the U.A.E., Qatar, Saudi Arabia, Jordan, Indonesia, Singapore, South Korea, India, Hong Kong, Japan, Malaysia, the Philippines and Thailand. Kris Eiamsakulrat, CEO and founder of Friday Industries, framed the venture as “building a bridge between capital and creativity,” adding that they’re “excited about accelerating the infrastructure of content production in high-potential markets where we are proven experts and see considerable commercial and strategic upside.”
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