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Dave Kelly Entertainment Signs Deal to Exclusively Rep Cinema Finance Group's $250,000,000 Investment Fund.


BEVERLY HILLS, Calif. -- Dave Kelly Entertainment company has been retained as the exclusive financial advisors to the Cinema Finance Group, a private international fund
International Fund
A mutual fund that can invest in companies located anywhere outside of your own country.

Notes:
Many people confuse an international fund with a global fund. The difference is that a global fund includes the entire world, and an international fund includes the entire world excluding your home country.
See also: Global Fund, Mutual Fund
 representing investors from London, Zurich, Monaco and Dubai, and its newly created Entertainment Investment Fund, capped at $250,000,000, according to DKE DKE - Delta Kappa Epsilon
DKE - Deutsche Elektrotechnische Kommission (German Electrotechnology Commission)
DKE - Deutsche Kommission Elektrotechnik Elektronik Informationstechnik
DKE - Digital Knowledge Environment
DKE - Drift Kinetic Equation
 Chairman Kelly.

Under terms of the agreement, Dave Kelly Entertainment will be responsible for advising and overseeing all financial matters on behalf of Cinema Finance Group's Entertainment Fund as well as its various investments in the entertainment industry worldwide.

"Our 5-year plan is to assist our private investors and hedge fund clients interested in becoming financial partners with Hollywood's creative, producing and business communities in the advanced development, production, marketing and co-financing
Co-financing
A type of financing in which the different lenders agree to fund under the same documentation and security packages but may have different interest rates, repayment profiles, and terms.
 feature films in the $10-50 million range over the next eighteen months," said Kelly. "We also have a flexible additional budget for television, DVD, music publishing and recordings.

"CFG's Entertainment Investment Fund of $250 million has been expressly created to take advantage of the unique ability, capacity and remarkable success of America's entertainment industry in creating and producing motion pictures, television and recordings for the global marketplace. We are confident that our participation with Hollywood will prove to be of significant mutual benefit," concluded Kelly.

Cinema Finance Group currently manages funds for a diverse group of investors that include Hedge Funds, Banks and Private Equity investors from around the world.

Dave Kelly Entertainment has been actively involved in the evaluation, financing and marketing of domestic and international film, music, and television productions as well as executive producing for the BBC, ABC, MTV and NIPPON TV in Japan.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 31, 2006
Words:266
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