Singapore-based media investment holding company Vistas Media Capital (VMC) today announces its expansion plans in the Middle East region across the media and entertainment sector and investment management initiative for investors in the MENA region.
VMC has set up Vistas Media FZ-LLC in Abu Dhabi ‘s Media Free Zone’s “twofour54” for content and entertainment events production services in the region, and also plans to move to twofour54’s new tailormade campus Yas Creative Hub after it opens later this year. The content production services arm of Vistas Media FZ-LLC will focus on providing and facilitating pre-filming, production and post-production services for Arabic, Bollywood (along with other Indian regional languages) and Hollywood films in Abu Dhabi.
Vistas Media will be headed by Mr. Piiyush Singh who is also the co-founder of VMC.
VMC also has immediate plans to set up a USD 150+ million multi-strategy investment fund, leveraging its expertise across SPACs and content specialty financing within the Abu Dhabi Global Market (ADGM) for investors in the MENA region to derive returns from the two hottest asset classes globally –
• The entire ecosystem of SPACs (from funding sponsor capital, investing in a portfolio of SPACs as an IPO investor and for PIPE financing) and pre-IPO financing for companies across key focus sectors in MENA and across the globe.
• Structured finance in the content space across films, web series, music in India and the MENA region.
VMC has already set up two funds for each of the above strategies under the name Vistas Global Opportunities Funs SPC in Cayman Islands, targeting the global investor community outside of USA. Following this, tapping on increasing demand and appetite for investing in the above strategies from MENA based investors, VMC is now setting up an investment entity under the ADGM jurisdiction for the same strategies.
