….Film Fund Partnership for Structured Capital Group
Structured Capital Group announced their new venture with Independent Producers Alliance for a 60 million film fund partnership. The following press release was distributed detailing the partnership, participating firms and film production plans.
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Independent Producers Alliance Announces Partnership for $60,000,000 Film Fund
Charlotte-based Independent Producers Alliance, LLC (“IPA”) has entered into partnership with Structured Capital Group, Inc.
Charlotte, NC (PRWEB) October 11, 2007 — The Charlotte-based Independent Producers Alliance, LLC (“IPA”), which represents a growing number of award-winning independent producers similar to the original United Artists venture, has entered into partnership with Structured Capital Group, Inc., a New York City financing firm, to provide financing for a slate of family-friendly, independently-produced films.
IPA Chief Executive Jim Van Eerden confirms that the studio’s recent partnership with Structured Capital Group (“SCG”) will infuse IPA with the production financing required to produce an anticipated 5-6 films, each in the $8-$10 million range, and that it will be a revolving fund designed to roll forward into subsequent film slates as well.
SCG was the right partner for this strategic effort,” Van Eerden noted, “because they created a model for the financing structure that was the best we have seen from an investment point of view.”
SCG’s participation complements the role of Stanford Financial Group in the first IPA Film Fund, which led to the recent productions of ”The Ultimate Gift,” “ Running the Sahara, ” and “ The Perfect Game ” (see summaries following).
Veteran media executive and IPA President Rick Eldridge noted that the funding of this second slate of films provides the studio, which includes state-of-the-art post-production facilities and a developing distribution and marketing arm, with point-to-point capacity for top producers. “We were impressed with the quality and financial potential of the projects hand-picked by IPA and their partnering producers,” said SCG CEO Basem Zakariya. “We recognized the unique leverage that IPA represents in facilitating and supporting the entire scope of film production capacity — from financing, production and post-production to marketing and distribution services,” added Structured Capital Group Executive Vice President Michael Clarner. The IPA – SCG partnership was arranged and negotiated by IPA Board member Marcia Allen, CEO of Allen & Associates, LLC (“A&A”) an LA-based corporate finance advisory firm. Ms. Allen formed The Movie Group with Frank Giustra and Peter Straus, which was the predecessor company to LionsGate. A&A has subsequently been an investor and advisor for many notable film and television properties. ABOUT INDEPENDENT PRODUCERS ALLIANCE, LLC (“IPA”) IPA (IPAfilms.com), based in Charlotte, NC, with offices in Los Angeles, operates a state-of-the-art production and post-production facility, as well as administrative and distribution/marketing service units. IPA helps to fund, produce and champion the work of award-winning independent producers who make films that ”inspire people to good things.” ABOUT STRUCTURED CAPITAL GROUP. INC. (“SCG”) ABOUT ALLEN & ASSOCIATES, LLC (“A&A”) A&A (www.allen-assoc.net) is a Los Angeles-based corporate finance advisory firm which has broad-based experience in funding entertainment and media projects, as well as private equity initiatives in other sectors. A&A has established a network of experienced partners who build long-term strategic relationships for their clients and partners.
Recent Release: Next Scheduled Release: Also due for release in 2008 is ”The Perfect Game” starring Clifton Collins, Jr., Cheech Marin and other names of note. The film is based on the true story of a group of Mexican boys who, fifty years ago, became the first non-US team to win the Little League World Series. William Dear, who also directed the popular “Angels in the Outfield,” directs the film. ###
In the Spring of 2007, IPA released the award-winning feature film ” The Ultimate Gift, ” starring 10-year old Oscar-award nominee Abigail Breslin and TV and film veteran James Garner. On August 21, the film was released on DVD by 20th Century Fox, with a great reception.
IPA is in post production with its next project, with Executive Producer and Narrator Matt Damon and production companies LivePlanet and Allentown. ” Running the Sahara ” is a documentary feature film directed by Oscar-winner James Moll. The film debuted during the Toronto International Film Festival in September and will be released in theatres in early 2008. Now in Post Production

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