GreeneStreet Films (GSF) is going into business withprivate financier Sriram Das in a deal that will see Das will finance thedevelopment of a slate of films with the company.
GSF's director of development on the West Coast Melanie Shanleyintroduced Das to the company. GSF will take the lead in creative developmentand Das will act as a creative consultant on the individual projects he backs.
Through his company Palm-Star, Das has previously invested in the development of such projects as Buzz Bissinger's 3 Nights In August.
The deal between Das and GSF is completely independent ofPalm-Star and calls for a minimum of three projects.
"This early stage development fund is a greatcomplement to our core production financing which enables us to continue tobuild a more diverse slate," GSF partner and president John Penotti said.
"GreeneStreet is a great company which I've longadmired," Das said. "I very much look forward to entering arelationship with them."
GSF's upcomingslate includes the drama Tenderness starring Russell Crowe and Laura Dern and directed by JohnPolson; and the comedies Bill starring Aaron Eckhart, Jessica Alba and Elizabeth Banks, and GaryThe Tennis Coachstarring Seann William Scott.