CAA raising $150M to $200M venture fund with DFJ, for entertainment investing

Creative Arts Agency, the large talent agency in Hollywood, is raising a $150 million-$200 million venture capital fund to invest in startups in the digital/entertainment sector, according to PaidContent.

PaidContent said Silicon Valley firm Draper Fisher Jurvetson is working with the CAA to help manage the fund. Tim Draper, a lead partner at DFJ, did not deny the report, but told VentureBeat he couldn’t say anything at this time because of regulations that govern the fund-raising… Continue Reading