Jay-Z’s Marcy Venture Partners Eyes Billion-Dollar Merger With Investment Arm Of Pendulum Holdings

Marcy Venture Partners (MVP), co-founded by “Jay-Z” Carter, is reportedly nearing a significant merger with Pendulum Holdings’ investment arm

Merger Talks

According to Bloomberg, the merger could create a new entity with over $1 billion in assets under management.

Sources close to the discussions, who preferred to remain anonymous, have indicated that the merger between these two California-based powerhouses is almost finalized.

Both entities have declined to comment on these speculations. 

Culture-driven investments

Marcy Venture Partners, established in 2018 by Jay-Z alongside Jay Brown and Larry Marcus, has demonstrated an eye for culture-driven investments. 

Its diverse portfolio boasts Rihanna’s Savage x Fenty, Iddris Sandu’s Spatial Labs, vegan chicken nugget startup Merit Beauty, kitchenware brand Our Place, and the parenting resource Babylist.

Read: Jay-Z Backed Tech Founder, Iddris Sandu, Is Bringing Fashion To The Blockchain

Pendulum, founded a year after MVP by Robbie and D’Rita Robinson, invests in unique brands like Chinese food company Fly by Jing and co-working space provider Saltbox. 

Robbie Robinson’s resume includes a stint as a financial advisor to Obama, further cementing Pendulum’s reputation in financial circles.