Our Investment Ideals
Built-in audiences
We finance blue chip film, stage and art projects with established audiences and long term fans. Proven stories and beloved names carry their own demand - the audience is there before the curtain rises.
Own the story
We invest in intellectual property that outlives any single production. Shows close but rights, recordings, licensing and revivals keep paying - a great story is a royalty stream for generations.
Back proven teams
We back proven creative teams the way we back founders. The producer, director and cast decide the outcome, so we bet on people who have delivered before and stay out of the way of the work.
Arithmetic approves
We underwrite art like any other investment. Audience, unit economics, distribution and downside are measured before the romance - passion picks the project and arithmetic approves it.
Many ways to win
We prefer projects with many ways to win: seasons and touring, film and streaming, licensing, merchandise and revivals. One work, several revenue streams, each with its own audience.
Script to opening night
We finance the gap between a finished work and its audience - the capital from script to opening night, structured with first recoupment, capped downside and a fair share of the upside.
Culture compounds
We believe culture compounds like capital. Catalogues, characters and companies of artists grow more valuable with every season - time with the work beats timing the season.
Australian stories
We champion Australian stories and stages while investing wherever great work is made. Local audiences are loyal audiences, and the best productions travel with the show to the world.
Our own capital
We invest our own capital and answer to no limited partners, studios or committees. Free to back the bold production, hold through the slow season and let conviction run the slate.
Producers, not patrons
We sit close to the work - producers, not patrons. Capital arrives with stagecraft: budgeting, scheduling and software of our own making running the business behind the art.