Entrepreneur and former investment banker Christopher Petzel has launched production, distribution and worldwide sales venture The Aura Film Partnership backed by a $50m fund

Aura will and target projects in the $5-20m range as well as completed projects seeking distribution. The slate kicks off with director Nicholas Powell’s post-apocalyptic action-adventure Tundra that has been set to begin production in early spring in Manitoba, Canada.

Clandestine Service, the international sales agency that belongs to the family of entertainment companies under Petzel’s Broadside Capital portfolio, will commence talks with buyers at AFM.

Petzel’s LA-based Fierce Entertainment will structure and finance individual projects and Invicta Capital in London will handle financing.

Kim Todd of Canada’s Original Pictures and Vancouver-based Lindsay Moffat are producing Tundra. Michael Thoma wrote the screenplay about a charismatic loner who leads a disparate band of survivors through a frozen world where climate change has destroyed civilisation.

“We are confident that Aura Films will be a successful venture for us, and Tundra, which is an exciting, epic story, is representative of the scripts that we are seeking for Aura Films,” Petzel, the Broadside Capital and Clandestine Service CEO and Aura partner said.

Clandestine Service’s sales slate includes Perestroika starring F Murray Abraham, Sam Robards and Ally Sheedy, as well as Show De Bola, and The Coverup with Eliza Dushku, Gabriel Mann and John Savage.