Lexington Film Management, a newcompany set up by the founders of London-based production company Golconda Films, is launching a
Organizers said the fund will"target latter stage development projects," not production. The fund will aimto initially invest in 10-15 projects, at about $175,000 (£100,000) perproject.
Lexington Film Management directorsBrett Walsh and Gregory Mackenzie, who will continue to serve as principals at
The fund will be managed by a developmentexecutive, who hasn't been selected yet.
The Lexington Film Fund is open nowto investors (through Glasgow-based Kreis Consulting)and is expected to close no later than April 5.
Michael SimkinsLLP acted as solicitors, with Tenon on board asauditors and Powrie Appleby providing tax advisement.