Jay Z's Marcy Venture Partners has merged with Pendulum's investment arm to create MarcyPen Capital Partners, now managing $900 million in assets.
The newly formed MarcyPen Capital Partners is pursuing a continuous fundraise for its MarcyPen Opportunities Fund II, having secured over $100 million already.
Founders Jay Z, Jay Brown, and Larry Marcus have a track record of successful investments in various companies, positioning MarcyPen for future growth.
Pendulum Opportunities was actively raising a $250 million Fund II prior to the merger, indicating robust aspirations and ongoing commitment under MarcyPen.
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