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Jay-Z's Marcy Venture Partners merges with investment arm of Pendulum Holdings | TechCrunch

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Summary
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78% Informative

The newly formed MarcyPen Capital Partners has $900 million in assets under management.

The merger was finalized around September , according to records filed with the California Secretary of State .

Jay-Z , Jay Brown , and Larry Marcus founded Marcy Venture Partners in 2018 .

Pendulum Holding’s investment arm Pendulum Opportunities has backed companies like Greenwood Bank and hair brand Adwoa Beauty .

VR Score

69

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61

Neutral language

79

Article tone

formal

Language

English

Language complexity

66

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short-lived

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