William Morris Kills Investment Fund

Ari Emanuel considering new strategy for financing deals

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It’s been two years since William Morris Agency merged with Endeavor, but Ari Emanuel is still cleaning house. Just before the merger, WMA had launched a $30 million to $50 million investment fund co-managed by venture firms Accel Partners and Venrock, along with heavyweight partner AT&T. Called the Mail Room Fund, the vehicle backed three digital media companies totaling no more than $5 million.

Now with only a tiny fraction of its capital deployed, William Morris has pulled the plug.

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