MACRO Announces Strategic Funding Round

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MACRO Announces Strategic Funding Round
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MACRO announced the completion of an over $90 million minority investment led by BlackRock Alternatives, through the BlackRock Impact Opportunities Fund and funds and accounts managed by BlackRock.…

, through the BlackRock Impact Opportunities Fund and funds and accounts managed by BlackRock. Harbourview Equity Partners and funds managed by Goldman Sachs Asset Management also participated in the round, joining the list of MACRO’s investors that also includes Emerson Collective, AMC Networks, Essence Ventures, MNM Creative, Raymond J. McGuire, Anré Williams, Clara Wu and others.

“MACRO has an established track record of producing premium, award-winning TV and film content focused on people of color, which has historically been short in supply but high in demand,” said Pam Chan, Chief Investment Officer & Global Head, BlackRock’s Alternative Solutions Group.

“MACRO has a deep understanding for how to shape culture and economically empower the voice and perspectives of Black people and people of color on a global level and is a perfect fit for our vision of the next generation of multiplatform media companies,” said Sherrese Clarke Soares, Chief Executive Officer & Founder, HarbourView Equity Partners.

Under the pact, Amazon Studios has a first look on feature film projects that MACRO Film Studios intends to develop, package and produce for release on Prime Video in more than 240 countries and territories worldwide. The company just wrapped production on, a film written and directed by Captain Marvel helmers Ryan Fleck and Anna Boden, starring Pedro Pascal, Ben Mendelsohn and Jay Ellis.

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