Italian producer Andrea Iervolino is partnering with Monika Bacardi to launch film production and finance company AMBI Pictures.

The Rome-based outfit will aim to make “commercial films for a worldwide audience.”

The company announced plans to work with Hollywood talent and international stars, financing three to four films per year at various budget levels.

The first projects from the company will be Gabriela Tagliavini’s romantic comedy Devil May Care (to start shooting in November) and Marco Risi’s football dramedy Tre Tocchi, which will shoot later this month. Both will shoot in Italy.

Iervolino’s credits include The Merchant of Venice and The Anatomist.

Bacardi is the widow of Lord Luis Bacardi of the family-run spirits business.

AMBI also plans to be involved in distribution through sister company AI Entertainment, which Iervolino started in 2011.