Former Plum Pictures co-CEO Celine Rattray has moved over to head Mandalay Entertainment’s New York-based independent film financing division Mandalay Vision.

Rattray will focus on developing and producing features budgeted up to $16m and is looking to staff up with production and finance executives.

The inaugural slate includes Salvation Boulevard from Larry Beinhart’s novel of the same name, which George Ratliff, who directed the 2007 thriller Joshua, will direct.

Rattray has brought in a pair of projects from Plum, namely the upcoming Sundance premiere The Kids Are All Right, directed by Lisa Choldenko and starring Julianne Moore, Annette Bening and Mark Ruffalo, as well as the Rachel Weisz drama The Whistleblowerdirected by Larissa Kondracki.

Rattray reports to Mandalay Entertainment Group chairman Peter Guber, Mandalay vice-chairman Paul Schaeffer, Mandalay president Cathy Schulman and executive vice-president Peter Strauss.

As a partner in Plum Pictures she produced and financed such titles as New York, I Love You, Afterlife, The Winning Season,Diminished Capacity, Birds Of America, Grace Is Gone, Dedication and Lonesome Jim.

It is understood Rattray’s former partners Galt Niederhoffer and Daniela Taplin will continue to run Plum Pictures.