Carlyle Global Credit unveiled the successful closing of a new fund for Content Partners, raising fresh capital for the LA-based firm’s film and TV investments.

Existing investors in two previous funds, as well as new investors, have the option to participate in the so-called single-asset continuation vehicle for Content Partners, the leading independent owner of major studio-distributed films, television programming, and related participations.

Existing investors were provided with the option to realize liquidity or continue participating in the company’s future growth.

Content Partners was founded in 2006 by Steven Blume and Steven Kram to provide liquidity solutions to owners of media assets across film, television, music and other entertainment properties. It has amassed a portfolio of over 800 motion pictures and more than 3,000 hours of television content and has seen significant growth since the initial 2022 investment by Carlyle’s Global Credit platform.

Content Partners acquires film, television programming, music and related royalties from investors, producers, writers, directors, actors and musicians, targeting assets that are generating cash flow and have long term distribution deals with major studios, networks, publishers and other channels. It has deployed well over a billion dollars in this marketplace since launch. It created Content Partners Capital in 2024 headed by entertainment investment banker Alphonse Lordo to offer private capital to entertainment businesses and IP assets.

“We are pleased to have supported Content Partners’ success and look forward to continuing our partnership as the company enters its next phase of growth with this new capital,” said Benjamin Fund, Partner at Carlyle. He praised the the portfolio and called the company “well positioned to continue benefiting from sustained demand for premium library content.”

CEO Kram, CFO and COO Blume and President John Mass said Content Partners “is excited about the successful closing of this continuation vehicle, which delivers meaningful new capital to fuel our ongoing acquisition momentum.”

In a April, Content Partners signed a licensing agreement with microdrama start-up GammaTime to create a Forensic Files vertical video series.