WME-Backed The Raine Group Closes $475 Million Funding Deal, Expands Holdings

NEW YORK, Oct. 11, 2011 – The Raine Group, the global merchant bank focused exclusively on entertainment, digital media and sports, announced today the closing of its flagship private equity fund. With approximately $475 million in assets under management, Raine has completed three principal investments, including multimedia powerhouse Vice, browser-based games giant Jagex, and celebrity–curated ecommerce platform OpenSky. (more…)

This article was printed from https://deadline.com/2011/10/wme-formed-the-raine-group-closes-475-million-funding-deal-expands-holdings-181565/