Harvest, Sun Redrock launch $800 mil film fund

LONDON -- Chinese investment companies Harvest Alternative Investment Group and Sun Redrock Investment Group have became a member of forces to create a media fund specific to boost $800 million of capital. The fund, named Harvest Seven Stars Media Fund, aims to purchase shot entertainment and cinema. It'll purchase three distinct areas: mergers and purchases, marketing and distribution, and content. Investment focus is going to be targeted mainly at British-language Chinese co-productions. The fund, now certainly one of China's biggest media funds, is settling filmmaker deals, three which are required to become introduced within the next thirty days. More to follow along with... Contact Diana Lodderhose at diana.lodderhose@variety.com