The Raine Group has raised $475 million for its private equity fund, Reuters reports. The entertainment and media investment company has finalized three investment options including multimedia business Vice, gaming manufacturer Jagex and the e-commerce platform OpenSky.
Raine has appointed Glenn Schiffman, former head of domestic investment banking at Nomura Holdings, as a partner. It has also named Sherri Williams as managing director for private placements and capital markets.
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