Raine Group Raises $475M For PE Fund

The Raine Group has raised $475 million for its private equity fund.

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.

Click here for the story from Reuters.

Raine Glenn Schiffman The Raine Group Sherri Williams Raine Group