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 Holdings’ 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 the […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Jay-Z’s venture capital firm, Marcy Venture Partners, has merged with another Black-owned investment firm, Pendulum Holdings’ 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 the […]

© 2024 TechCrunch. All rights reserved. For personal use only.

 


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *