Marcy Venture Partners Merges With Pendulum Opportunities to Form MarcyPen Capital Partners
December 18, 2024
Marcy Venture Partners, the VC firm co-founded by Jay-Z, has merged with Pendulum Opportunities (the investment arm of Pendulum Holdings) to create MarcyPen Capital Partners, a combined platform reporting roughly $900 million in assets under management. The combined firm will continue fundraising efforts under MarcyPen Opportunities Fund II (target $250 million), with more than $100 million reportedly secured.
- Buyers
- Marcy Venture Partners, Pendulum Opportunities (Pendulum Holdings)
- Targets
- Marcy Venture Partners, Pendulum Opportunities (Pendulum Holdings)
- Industry
- Financial Services
- Location
- California, United States
- Transaction Type
- Buyout
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