Monday, August 8, 2011
Guzman joins Dynamo Capital
TAULL, Spain -- Colombian private equity fund Dynamo Capital has tapped Alejandra Guzman as its director of investments.Her appointment comes as Dynamo Capital is closing its second film-financing vehicle. Dynamo's first near $10 million film fund expired Jan. 2.An open-ended revolving fund, the second vehicle will finance or co-produce three to five Colombian international co-productions per year of varying budgets, Guzman said. Guzman will oversee the second fund's investments, working alongside Cristian Conti, Dynamo Capital senior fund manager. A Harvard MBA graduate, Guzman is also involved in initial fund raising for a third, $150 million-$200 million private equity fund designed to invest in Latin American content, and film, TV and animation companies.Latter would include production houses that "we see as having potential in the region, but maybe haven't been able to expand from their own country due to a lack of capital, expertise, or because they don't have an international footprint," Guzman told Variety. Dynamo Capital has two films in post: Andi Baiz's "Bunker: The Hidden Face," a thriller with genre elements produced with Sanford Panitch's Fox Intl. Prods., and Spain's Cactus Flower and Avalon, and sold by FIP and Elle Driver; and serial killer thriller "Blind Alley," produced by Dynamo, Spain's Roxbury Pics. and Antena 3 Films, from scribe-turned-director Antonio Trashorras ("The Devil's Backbone").Dynamo is now looking for projects to invest in via its second fund. The idea is to always finance Colombian co-productions, which means having Colombian elements," Guzman said. "But that doesn't mean the film has to be a Colombian story, or have a wholly Colombian cast or be made for just a Colombian audience." Contact the Variety newsroom at news@variety.com
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