Becoming a venture capitalist has become the latest status symbol In Hollywood. Everyone from Olivia Wilde to Emma Watson is investing in startups. © 2024 TechCrunch. All rights reserved. For personal use only.
Category: roc nation
Exclusive, Global IT News, Global Security News, Jay Z, Marcy Venture Partners, roc nation, Venture
Jay Z’s Marcy Venture Partners merges with investment arm of Pendulum Holdings
Jay Z’s venture capital firm, Marcy Venture Partners, has merged with another Black-owned investment firm, Pendulum Holding’s investment arm Pendulum Opportunities, to form MarcyPen Capital Partners, a MarcyPen spokesperson confirmed to TechCrunch. The newly formed MarcyPen Capital Partners has $900 million in assets under management, according to Pitchbook. MarcyPen’s spokesperson declined to comment further on…